Answering the second fan’s question: The XVS contract is covered.
XVS didn’t pay much attention before. The current rise is due to the positive sentiment brought about by the in-depth cooperation with UNI. After looking at the transaction data of the entire network, the main liquidity is on the chain, while the liquidity in the spot market Basically, I am a friend who speculates in spot stocks in the short term. The current turnover rate is frequent and has reached more than 200%, indicating that buyers and sellers are currently relatively active. Moreover, this token has 61,822 currency-holding addresses across the entire network, and its market value of 120 million is not too light. It can be seen from the turnover rate that the accumulated chips above and the profit-making chips below are leaving the market, and the main buying sentiment is that the market is good, and the 8-10 above is a recent pressure level, which can Whether it breaks through depends on market sentiment. Although the technical point of view gives an upward signal trend, this token is mostly affected by the news, so technology cannot be used as an absolute reference.
Judging from the depth of trading, this token currently has a small backlog of pending orders around 8.5-9, and it is more likely to touch this position. Our fans’ long orders are around 8.5, so there is a probability that it can be unwound. , but whether long orders can be profitable depends on whether market sentiment and buying volume can support breaking through the 8-10 pressure range. However, looking at the current turnover rate, the pressure is still quite high.
Through the comments from fans, we also need to reflect on one thing. Chasing the rise and falling of spot prices is already very dangerous, but chasing the rise and falling of contracts is twice as dangerous. It is recommended that in the future, for contracts, unless it is an extreme market, otherwise Don't blindly chase long prices, the risk is too great.
