$COW fell to the target level in 13 days, this is the highest point of the opening, the current rebound is not strong. Before the bearish structure of Bitcoin is completely finished, a protection can be set here. If it falls back to the cost level, one can choose to run away directly. Last time at 0.9, there was ample time to escape, and it was a small profit of 15%. The same applies here; in the short term, do not get caught up in the pattern. Bitcoin makes them kneel, they all have to kneel.

$COW Let's take a look at the origin of the first place in the increase list. This kind of shape of a crescent moon is a gamble to short with leverage. The K-lines at all levels are above the moving average. This is a bullish trend. It is reasonable to ambush and buy. There are 2 positions. Near 0.734 is the 4H level support and resistance swap position, and near 0.58 is the daily level support and resistance swap position. Let's take a look at the fundamentals and see what are the advantages and disadvantages. The goal of CoW Protocol is to become the infrastructure in the decentralized trading market, attracting a large number of users and protocol integration by reducing transaction costs and slippage. Complementary with traditional AMMs (such as Uniswap) rather than direct competition. CoW Protocol has integrated multiple mainstream DeFi projects (such as Balancer, Curve, etc.) and is used by DEX aggregators (such as 1inch and Paraswap). Batch matching transactions reduces on-chain transaction fees, which is beneficial to both users and protocol parties. Traditional decentralized trading platforms such as Uniswap and Curve have already dominated the market. Whether the technical advantages of CoW Protocol are sufficient to continue to attract large-scale users remains to be seen. Therefore, this type of target should not be heavily invested and is only suitable for short-term play.