Using the current highest data to estimate the platform's future average losses, is it still not enough when hype reaches 60-70? Not afraid of H Guard's criticism, I believe in hype, but I definitely won't chase the first wave of rise at this price. The news about gold and silver holdings and trading volume caused a direct reaction on the candlestick chart as soon as the press release was issued. I've been tracking the open interest (OI) of major DEXs; hype's OI and trading volume have always been very stable. Why didn't the candlestick move before the press release? Once the news came out, everyone understood it. Contracts are cyclical; gold and silver are already the two largest trading targets in BN, which indicates that other targets are actually shrinking even more. The data currently released is distorted; the actual trading volume decline is definitely greater. When gold and silver trading volumes decrease in the future, where will new growth expectations come from? Are we really counting on the US stock market? Since it's a trading platform, it will inevitably be affected by the overall industry. If the entire trade sector is declining, even if HIP-4 is excellent, isn't it just seeking incremental growth in a shrinking market? Can it break through the industry's ceiling?

HYPE4.94%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)