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Ruyi Wealth Code $CKB

Let me briefly introduce
Nervos Network is an open-source public chain ecosystem that includes a set of layered protocols compatible with each other, centered on blockchain technology, to solve the scalability issues of blockchain. The Nervos Common Knowledge Base, a shared knowledge base, is the underlying public chain of the Nervos Network based on the POW consensus mechanism. While allowing encrypted assets to gain security, stability, and permissionless access, it supports smart contracts, second-layer scalability solutions, and captures the entire network's value through the design of the crypto-economy of 'value storage' for its native token CKB.

Market capitalization is $486 million, with a circulation rate of 99.31%.

K-line shape:
The recent K-line shows a downward oscillation trend, with prices gradually declining from 0.012438 to the latest 0.011894. On November 3, a long lower shadow was seen, indicating some buying support at low levels, but overall it remains weak.
Technical indicators:
MACD: Both DIF and DEA are negative and close to the zero line, showing that short selling strength is weakening, potentially forming a golden cross rebound signal.
RSI: The current RSI value is about 40, not yet in the oversold zone but close, indicating a possible technical rebound in the short term.
EMA: EMA7 < EMA30 < EMA120, with short, medium, and long-term moving averages in a bearish arrangement, indicating an overall bearish trend. The current price is slightly below EMA7, indicating short-term pressure.
Volume:
On November 3, the trading volume significantly increased to 2,256,902,631, showing heavy market selling pressure.

Recently, the CKB official has also been holding activities, allowing for early positioning.
Contract entry position: short at current price
Spot entry position: around 0.01111
#CKB助力比特币生态