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$ETH / USDT – Sellers Test Key Support $ETH is trading around $2,936.62, down -1.16% on $886.94M in volume. The decline reflects growing selling pressure, though not yet aggressive. Buyers are being tested near an important support zone. Potential Entry Zone: $2,850 – $2,900 Downside Targets: • Target 1: $2,720 • Target 2: $2,550 Protective Zone: Stop-Loss: $2,480 Market Bias: Neutral to Bearish Holding support is critical for recovery.
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Internal and external markets of the primary market
1. Detailed explanation of core concepts 1. Internal market · Essence: A 'simulated market' or 'pre-sale venue' constructed by the project party in a private environment (such as a testnet or closed trading pair) before the launch. · Core mechanism: · Virtual liquidity pool: The project party injects a preset number of tokens and paired assets (such as BNB, ETH) through a smart contract to form a virtual liquidity pool. This pool is not a real decentralized exchange (DEX) mainnet pool. · Preset sell orders: The number of sell orders and price ladder of tokens in the pool are pre-set and controlled by the project party.
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