$STX Recently strong performance, with the 24-hour gain once exceeding 34%, boosting sentiment across the entire Bitcoin ecosystem.
However, after the rapid surge, short-term futures trading volume has plunged by nearly 20%, and the price has also quickly pulled back. Long and short sides are battling fiercely, and the price is likely to be subject to two-way fluctuations going forward.
This uptrend has mainly benefited from ongoing positive catalysts in the Bitcoin ecosystem: on September 10, self-custody staking was launched, and the BTC production capacity application has been gradually rolled out. Combined with market style rotations, it has attracted considerable attention from funds. But short-term profit-taking, along with leveraged capital exiting, has also created significant selling pressure.
Current quote is $0.17246, with a 24-hour trading volume of $27.77 million and a market cap of $312.95 million. Whether it can continue to strengthen depends on whether the heat in the Bitcoin ecosystem can be sustained.
#比特币生态 #Layer2
However, after the rapid surge, short-term futures trading volume has plunged by nearly 20%, and the price has also quickly pulled back. Long and short sides are battling fiercely, and the price is likely to be subject to two-way fluctuations going forward.
This uptrend has mainly benefited from ongoing positive catalysts in the Bitcoin ecosystem: on September 10, self-custody staking was launched, and the BTC production capacity application has been gradually rolled out. Combined with market style rotations, it has attracted considerable attention from funds. But short-term profit-taking, along with leveraged capital exiting, has also created significant selling pressure.
Current quote is $0.17246, with a 24-hour trading volume of $27.77 million and a market cap of $312.95 million. Whether it can continue to strengthen depends on whether the heat in the Bitcoin ecosystem can be sustained.
#比特币生态 #Layer2