An exchange has listed pre-market perpetual contracts for the JIO (Jio Platforms) IPO.
The pattern for listing-related news has played out many times. It generally unfolds in three stages:
① News breaks: sentiment surges first, and the candlestick often rises right away;
② Around the listing: disagreement is at its peak, and a pullback after an initial spike is not uncommon;
③ A few days after the opening: focus returns to fundamentals, and whether volume can be sustained is key.
$BTC Current price: 83266.01, 24h: -0.39%. We are now in stage ①.
Don’t focus only on the first-day gain—what matters is whether it can hold its ground.
#BTC
The pattern for listing-related news has played out many times. It generally unfolds in three stages:
① News breaks: sentiment surges first, and the candlestick often rises right away;
② Around the listing: disagreement is at its peak, and a pullback after an initial spike is not uncommon;
③ A few days after the opening: focus returns to fundamentals, and whether volume can be sustained is key.
$BTC Current price: 83266.01, 24h: -0.39%. We are now in stage ①.
Don’t focus only on the first-day gain—what matters is whether it can hold its ground.
#BTC