#PYTHUSDT📈

Token name: PYTH

Section: Infrastructure, decentralized oracle

Token information: Pyth network is a next-generation price oracle solution that aims to provide valuable financial market data on the chain, including cryptocurrencies, stocks, foreign exchange and commodities, to projects and protocols and the public through blockchain technology. The network aggregates first-party price data from more than 70 trusted data providers and publishes it for use by smart contracts and other on-chain or off-chain applications

Token supply: total 10 billion

                      1.5 billion in circulation

Important index: 5 stars

Token analysis

The token has experienced a sharp decline in the early stage and the recent large-scale unlocking of tokens has led to a sharp sell-off in the market. At present, the token has bottomed out and has shown signs of stabilization. The daily MACD indicator forms a golden cross below the 0 axis. There are signs of large volume during the rise. It is suspected that funds have intervened at the bottom. Pay attention to the short-term pressure above 0.47. It is currently in the long-short conversion stage, and the bottom rise stage needs to be paid attention to!

Contract positions: The positions have been increasing in recent days, and have increased significantly in the past few months, so we need to keep tracking! Spot positions can be divided into positions