【Newstrade Market Hotspot Tracking】Web3 news aggregation protocol token Newstrade ($NEWS) surged 34% this week, currently priced at $0.16, reaching a three-month high. The project team has partnered with data oracle PulseNode to develop a real-time news sentiment analysis tool, empowering on-chain trading strategies. On-chain monitoring shows that exchange reserves have decreased by 18%, which may indicate short-term liquidity tightening signals. From a technical perspective, the 4-hour MACD golden cross continues, but there is a historical dense selling pressure zone around $0.18. The community proposal for testing the "news mining" staking scheme has been approved, with data API access expected to be airdropped to token holders in August. It is important to note that the liquidation volume has surged by $2.6 million in the past 24 hours, intensifying the long and short battle. An AMA preview will integrate Arbitrum ecosystem data sources, and the public sentiment index has shifted to "extreme greed," signaling caution regarding potential pullback risks. ..................#Tradestories #NewsTrade
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.