RLS Token Two Points Discussion:
1. Short-term 5 days: Highly likely to remain in a weak fluctuation
-👿 Current pressure: Recently experienced an airdrop sell-off (Binance Alpha airdrop led to user dumping) + overall market 'fear sentiment' (Bitcoin bleeding, altcoins generally declining), the price has already dropped more than 80% from the peak on December 1, technical indicators show all EMA moving averages in a bearish arrangement, lacking rebound momentum in the short term.
- 😢 Considering risks: There are still early investors' tokens that have not been unlocked (for example, 22% of the investment share has a 12-month lock-up period), and subsequent unlocks may continue to add selling pressure; additionally, the current derivatives market (perpetual contracts) is heavily bearish, which may amplify downward volatility.
$RLS



