⚡️ Friends, today $SIGN increased by more than 50 points in a day, directly reaching 0.047 USD, with a cumulative increase of over 160% this month. To be honest, this kind of trend makes anyone stop and take a closer look.

In fact, just looking at the data makes it clear that money has come in, and it's coming in aggressively. The net capital inflow in 24 hours is 26.21 million USD, ranking first in the market, and the trading volume is directly over 2.5 times the market value. This kind of volume-price coordination indicates that market sentiment has indeed been ignited.

So why did it suddenly become popular?

The most direct trigger should be the perpetual contracts for SIGN launched on platforms like Asterdex, which also provided a leverage of 75 times. Once this operational space opened up, short-term funds definitely came sniffing around. Additionally, the platform introduced a 1.2 times trading points incentive, which is like adding fuel to the fire.

However, there’s an interesting detail: I flipped through public news and didn’t find an official announcement for the launch of SIGN's perpetual contract. This is a bit subtle: either the DEX platform quietly launched it without widespread promotion, or the market itself has already used the narrative of the perpetual boom to hype things up.

To be honest, this kind of trend does look tempting, but one must also be cautious. A trading volume exceeding 2.5 times the market value usually means the sentiment is quite exuberant. Based on past experience, this level of volume often leads to significant short-term correction pressure if there aren't continuous positive developments. Additionally, high leverage means that funding rates could fluctuate wildly, which could lead to a series of liquidations.

Therefore, regarding this market, I think it can be viewed in two ways: if it is indeed substantial positive news brought by the launch of perpetual contracts, then there might still be momentum for short-term spikes; but if it is merely a speculative frenzy driven by pure emotion, then such a rise often comes quickly and departs just as fast.

If you want to participate in the short term, strict risk control and setting good take-profit levels might be the more prudent choice; for long-term investors, it might be wise to wait for a pullback to see if there are more solid entry points. After all, in such a highly active market, staying alive is more important than making money.