$PROM In recent times, market performance has been strong but with high volatility. There is sufficient upward momentum in the short term, but there is downward pressure in the medium term.
More specifically, Bithumb’s launch of a KRW trading pair improved liquidity, and combined with Binance futures trading volume surging, the price rose as much as 31.9% within 24 hours. However, the price later pulled back, with a single-day decline of 8.6%, clearly signaling profit-taking.
Current price is $2.61. The 24-hour trading volume is $20 million, and the market cap is $47.7 million. Trading activity is high, but volatility risk should not be ignored. When operating, remember to control your position size.
#加密货币 #Short-term trading
More specifically, Bithumb’s launch of a KRW trading pair improved liquidity, and combined with Binance futures trading volume surging, the price rose as much as 31.9% within 24 hours. However, the price later pulled back, with a single-day decline of 8.6%, clearly signaling profit-taking.
Current price is $2.61. The 24-hour trading volume is $20 million, and the market cap is $47.7 million. Trading activity is high, but volatility risk should not be ignored. When operating, remember to control your position size.
#加密货币 #Short-term trading