#稳定币市场动态 The stablecoin market has been really lively lately! I just saw the news that WLFI has surged by 50% against the trend, mainly due to three reasons: optimism about the USD1 sector’s outlook, continuous buybacks by the team, and rebounds in both the broader market and US stocks. But what’s even more interesting is ETH’s situation. It’s said that multiple platforms and institutions are currently shorting ETH on a large scale, which could lead to a short squeeze later on. My suggestion is to closely monitor ETH’s performance after November, as positive factors like stablecoins and ETFs could drive its price up. For those who want to participate, remember to manage your risk and enter in batches. Let’s look forward to ETH’s performance together!
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#稳定币市场动态 The stablecoin market has been really lively lately! I just saw the news that WLFI has surged by 50% against the trend, mainly due to three reasons: optimism about the USD1 sector’s outlook, continuous buybacks by the team, and rebounds in both the broader market and US stocks. But what’s even more interesting is ETH’s situation. It’s said that multiple platforms and institutions are currently shorting ETH on a large scale, which could lead to a short squeeze later on. My suggestion is to closely monitor ETH’s performance after November, as positive factors like stablecoins and ETFs could drive its price up. For those who want to participate, remember to manage your risk and enter in batches. Let’s look forward to ETH’s performance together!