$FLUID Successfully broke through the third take-profit target
$BNB $ETH
$BNB $ETH
Post
--Bullish
10年老韭加密研究中心
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【Old Leek Observations】
$FLUID
In October, Fluid officially started using protocol revenue for buybacks of FLUID.
The official plan is very clear:
In the first month, 100% of the Ethereum mainnet revenue is used for buybacks, and then revenues from Jupiter Lend, L2, and others are gradually brought in. According to the official estimates, the buy pressure for October is about $1.7 million.
This isn’t just a matter of the project team “pushing good news.” It’s more like:
Protocol generates revenue → revenue is used to buy back tokens → token demand and protocol revenue start to have a direct connection. What’s even more interesting is that Fluid already has a market size of over $6B, around $15M+ in annualized revenue, and it’s still pushing expansion such as DEX V2, Solana, and Plasma.
Today, $FLUID has already surged to around $1.62, so this is not the right place to chase for potential upside.
What I care about more is whether, after a pullback, the October buyback can keep actually translating into real buy demand.
Entry: $1.48–$1.55
Take profit: $1.68 / $1.82 / $2.00 / $2.20 / $2.45
Stop loss: $1.38
$FLUID
In October, Fluid officially started using protocol revenue for buybacks of FLUID.
The official plan is very clear:
In the first month, 100% of the Ethereum mainnet revenue is used for buybacks, and then revenues from Jupiter Lend, L2, and others are gradually brought in. According to the official estimates, the buy pressure for October is about $1.7 million.
This isn’t just a matter of the project team “pushing good news.” It’s more like:
Protocol generates revenue → revenue is used to buy back tokens → token demand and protocol revenue start to have a direct connection. What’s even more interesting is that Fluid already has a market size of over $6B, around $15M+ in annualized revenue, and it’s still pushing expansion such as DEX V2, Solana, and Plasma.
Today, $FLUID has already surged to around $1.62, so this is not the right place to chase for potential upside.
What I care about more is whether, after a pullback, the October buyback can keep actually translating into real buy demand.
Entry: $1.48–$1.55
Take profit: $1.68 / $1.82 / $2.00 / $2.20 / $2.45
Stop loss: $1.38
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.