$CKB is the Layer 1 proof-of-work public chain protocol of the Nervosa network, with the following core features:
1. Basic attributes: Secure, tamper-proof, and permissionless like Bitcoin, capable of storing various types of assets;
2. Functionality support: Can run smart contracts and also supports Layer 2 scaling, which can enhance transaction efficiency and reduce costs;
3. Value capture: Achieved through the native token CKByte - users need to pay CKByte as transaction fees to use the network, and holders can participate in governance, thereby binding the network's value.
After hitting a support level of 0.004794, market sentiment has changed, with buying pressure starting to defend this key low point, showing early signs of recovery.
If it can hold above 0.0048, buying pressure is likely to push towards higher resistance, and momentum indicators show that strength is accumulating, suggesting a potential bullish reversal in the short term, presenting a possible entry opportunity for bulls.
However, the overall market volatility is currently high, so effective risk management remains key.
Jiang will continue to pay attention to the movements of CKB, and fans who want to enter can follow me directly!
Stay tuned: sol bio eth
