Singkat
Brief Analysis —— MULTI
Recently, cross-chain bridges such as Multichain and PolyNetwork have been attacked, causing losses of millions of dollars. As a protocol that connects the liquidity of different chains, it is particularly important for the crypto industry. Today we will take attention on FTM/USDT, MULTI/USDT and KAVA/USDT, which affected by the attack of Multichain.
Price dumped rapidly in late May, reversing the gains in January. It entered the previous range. And then, keep falling with a low slope. Multi maintains bearish on a large scale. Prices fell below ATL last week and continued to fall slowly. Little reinforcement in sight for bulls on the way down.
Conclusion: Mostly falling. Bears took control at all levels. Due to the delisting of the perpetual contract in some CEX. The price may fall with a low slope and refresh the lows. We set the resistance level at 3.09.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Price dumped rapidly in late May, reversing the gains in January. It entered the previous range. And then, keep falling with a low slope. Multi maintains bearish on a large scale. Prices fell below ATL last week and continued to fall slowly. Little reinforcement in sight for bulls on the way down.
Conclusion: Mostly falling. Bears took control at all levels. Due to the delisting of the perpetual contract in some CEX. The price may fall with a low slope and refresh the lows. We set the resistance level at 3.09.
If you have any ideas, welcome to communicate with us:)
Disclaimer: Nothing in the script constitutes investment advice. The script objectively expounded the market situation and should not be construed as an offer to sell or an invitation to buy any cryptocurrencies.
Any decisions made based on the information contained in the script are your sole responsibility. Any investments made or to be made shall be with your independent analyses based on your financial situation and objectives.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.