🔹Despite the price adjustment, Whales still spent 301 million USD to buy Spot in the past 5 days, showing a strong long-term belief in spot
🔸The trading volume and open contracts have decreased sharply, causing many people to panic, but in reality, this could be a cleansing to prepare for a new upward movement
🔹The liquidity map shows that prices are being pulled up to higher levels. With the Short side being dominant, a sudden spike to liquidate is very likely to occur
🔸This correction feels more like a breather to gain momentum rather than a collapse. The Spot team is accumulating goods despite the FUD from the Futures side as spot holds and has no leverage
What do you think about this item?, there will be a post about its Tokenomics later!
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🔸This article is not investment advice. The market is always volatile, please consider carefully and invest responsibly
