📣Blockchain News Flash📣

Odaily Planet Daily reported that the latest data from the NFT lending protocol nftperp showed that Milady's floor price has fallen below 5 ETH, which is an important observation point in the near future. 🔍

If the price of Milady falls further to 4 ETH (the lowest point in May and June on the nftperp platform), investors may choose to go long. However, this is not a risk-free path. 😱

Investors must pay close attention to the situation of loans. If a large number of loans fall into insolvency, then when the price falls below the floor price lower limit of 4.1 ETH, it may trigger further price declines. 📉

In general, although the outlook for Bitcoin looks optimistic, investors still need to act cautiously and pay close attention to market dynamics when investing in other cryptocurrencies. 💡