Seeing that many friends are talking about PYTH, the general also posted it!
The main reason is: the tokens planned to be unlocked today have been unlocked yesterday. Many people are waiting for the unlocking to smash the market, and there are also many short positions. Who knows, the project party has unlocked and released the tokens in advance yesterday! A wave of reversal in the afternoon, directly bursting the short position!
What should we look at next? The general sees it this way:
The daily level has been in a downward state, combined with the bullish divergence of macd, so where is the bottom? From the perspective of listing on Binance, the opening price is used as a reference bottom support, and it is more reasonable to start a low-long position near this position. The current trend is in an oversold rebound, accompanied by a bullish divergence, the death entanglement of macd, waiting for a wave of large-scale rise!
The result is that buy on dips, the bad news is exhausted, and the next unlocking will be a year later! In addition, it is the dragon position in the oracle ecosystem, and it is also the only oracle financial sector in the sol ecosystem! All of these indicate that there is room for future growth! $PYTH
