$USTC : USTC surged by 27%! Is it a buying opportunity or a trap?
Recently quite popular, it rose nearly 30% in one day, and everyone is discussing it. The main reason is that Binance is going to launch its perpetual contract, which may attract a wave of funds to play in the short term. The current price is around $0.014, and it might rebound in the short term, so you can try a small position between $0.013 and $0.015.
In the long term, if its ecological plan can be successfully implemented, the price might slowly rise to above $0.02, making it suitable for holding for a longer time.
However, it is important to note that large funds have not yet entered the market, market sentiment changes quickly, so do not be too impulsive. When it’s time to run, you should run. There are opportunities, but the risks are also considerable, so don’t go all in, and manage your positions well.
Never follow the market after the fact, only make real-time trades. If you want to eat 🥩, you can follow Sister Qi's trading ideas to clarify your confusion in the crypto world!!!
