Share some personal insights on FHE and AgenticWorld!
I will conduct a 'plain language' analysis from the perspectives of [Project Prospects] and [Technical Indicators], making it easier for everyone to understand clearly.
[Project Prospects]
First, it is essential to understand the meanings of FHE and AgenticWorld.
FHE: Simply put, it is a technology for end-to-end encryption.
AgenticWorld: A platform that provides agent collaboration.
Taking daily life as an example:
When you buy a car or a house, you trade through the AgenticWorld platform, while the AgenticWorld platform completes the transaction between both parties using FHE technology. Ultimately, the merchant can only see that the transaction is completed but cannot know your payment information; this is a manifestation of FHE technology.
The prospect of the project lies in this 'end-to-end encryption,' whereas the traditional encryption methods of web2, although the data is encrypted during transmission, can be viewed by others once the data is sent to the server, resulting in low privacy. In contrast, FHE ensures that the entire process is encrypted and does not affect data computation.
Therefore, I personally have a long-term optimistic outlook on the prospects of FHE.
[Technical Indicators]
Below is an analysis based on the 1-hour chart.
Blue line: A relatively standard W double bottom pattern, rebounding after failing to break through the low point twice.
Red line: Price line, which dropped (0.078-0.049)=0.029, and the subsequent rebound's temporary low point of 0.079 did not drop below 0.078. It then rose to around 0.119, an increase of (0.119-0.078)=0.041, which is more than the drop of 0.029, forming a composite standard W double bottom structure.
Yellow line: A relatively standard wave structure, having emerged from the rebound range of the W double bottom pattern. Currently, five waves have been completed, and it is now in the downward wave, combined with the KDJ being at a high point and the Bollinger Bands middle line providing resistance.
Currently, it may retrace to around 0.079 as a support line. Completing the final ABC three waves of wave theory.
Therefore, my personal suggestions are as follows:
Spot: You can buy lightly at 0.079, and if you're aggressive, buy directly at the current price. However, a 'mountain pattern' may appear subsequently, and if the MACD line is moving below, it would form a 'mountain down' pattern, necessitating timely stop-loss actions.
Contracts: I personally suggest lightly shorting here. Stop-loss can be set at 0.1, and profits can be targeted to take profit at 0.079.
