This wave of GAS should be about to collapse.
GAS, the leader of this wave of Mavericks market, should be about to collapse. It has risen from 2 US dollars to nearly 30 US dollars, a 15-fold increase, and the highest market value has reached 300 million US dollars.
Last time I posted, I said that GAS is very similar to LOOM. It was also speculated by the Korean exchange. Now the trend is very similar. After inserting the pin upward, it will start to plummet.
During the plummeting process, the funding rate is full, the contract starts to fall first, and there is a large difference between the contract price and the spot price. Finally, the spot price makes up for the fall.
If GAS can be pulled back in the past two days, the above situation will not happen.
Otherwise, at this stage, long GAS is the last chance to escape the top.