A certain exchange has listed AKAM, VKTX, H100, FOXA, INTU, and CT perpetual contracts.
The pattern of listing announcements has been reviewed many times and generally has three stages:
① Announcement: Attention peaks, and the price often moves ahead of the news;
② Around the market open: Differences of opinion are most pronounced, and a spike followed by a pullback is not uncommon;
③ A few days after the market opens: The market returns to supply and demand, and whether volume holds up is key.
$CT is currently at 0.3572, down 8.34% over 24 hours, and is still in stage ①.
You can watch the price action for a few days and wait for positions to settle.
#CT
This content does not constitute any buying or selling advice.
The pattern of listing announcements has been reviewed many times and generally has three stages:
① Announcement: Attention peaks, and the price often moves ahead of the news;
② Around the market open: Differences of opinion are most pronounced, and a spike followed by a pullback is not uncommon;
③ A few days after the market opens: The market returns to supply and demand, and whether volume holds up is key.
$CT is currently at 0.3572, down 8.34% over 24 hours, and is still in stage ①.
You can watch the price action for a few days and wait for positions to settle.
#CT
This content does not constitute any buying or selling advice.