The current price of $XPL reflects the hedging operations of a large number of investors, and it is expected to peak before the official TGE, which represents the first potential price low. After the official airdrop, large holders generally engage in spot selling and closing positions, which represents the second potential price low.

Regarding Plasma, all aspects remain optimistic because its project background and focus areas are key topics for the next few years. Those interested in the project can find and read a few articles on @律动BlockBeats .

On the other hand, according to Tokenomics, the initial unlock volume is very low (about 20%) and most of it is not in the hands of institutions and teams, so if demand is sufficient after the opening, it can bring strong upward momentum. However, it should be noted that the 10% directly allocated for public fundraising has a cost of only 0.05, which is lower than the cost of deposits in Binance activities and may become potential selling pressure.

I will consider going long at the pre-market low and the post-spot low; everyone can be prepared.