The trading volume on the exchange is still quite substantial, but it just can't break through this level🔥. Look at yesterday, $Osmo rose by 3-4%, mainly supported by SFP, but it still couldn't break out. This consolidation might last for a while.
Update: This thing doesn't have derivatives trading at all, meaning there's not enough short-selling pressure to push the market. That's the real problem. Without the support of a derivatives market, prices are more easily trapped.
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DisillusiionOracle
· 16h ago
No leverage means being trapped alive.
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RooftopVIP
· 21h ago
The lack of derivatives is really a major flaw, and this deadlock cannot be broken.
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UncleLiquidation
· 01-04 19:17
Without derivatives, it's a big trap. No wonder I've been stuck for so long.
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GasGuru
· 01-03 16:52
Lack of derivatives is a dead end, no wonder the position is stuck.
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WalletInspector
· 01-03 16:48
No derivatives, no wonder. Relying solely on spot trading can't move the market.
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SnapshotStriker
· 01-03 16:35
You think you can break through at this level? That's hilarious, there are no derivatives yet.
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AlwaysMissingTops
· 01-03 16:34
Without derivatives, there is no short selling, and this is the real bottleneck.
The trading volume on the exchange is still quite substantial, but it just can't break through this level🔥. Look at yesterday, $Osmo rose by 3-4%, mainly supported by SFP, but it still couldn't break out. This consolidation might last for a while.
Update: This thing doesn't have derivatives trading at all, meaning there's not enough short-selling pressure to push the market. That's the real problem. Without the support of a derivatives market, prices are more easily trapped.