Cys has finally started trading on futures contracts, marking another major step forward for this project. Yesterday's airdrop sell-off pushed the price down to 0.2, which appears to be a support level. It looks like the market is still waiting for an opportunity at a Perp position. Whether the price can be pushed up by this will depend on the upcoming performance.
Honestly, the airdrop distribution to Kaito the day before yesterday was not fully delivered, causing some community complaints. Whether the project team can regain face through market performance in this futures contract listing depends on today's crucial battle. Whether it's a fleeting moment or a sign of a steady recovery, the market response will provide the answer.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
4
Repost
Share
Comment
0/400
ParallelChainMaxi
· 6h ago
The support level at 0.2 feels a bit weak. Let's wait and see if it can really hold steady today.
View OriginalReply0
ser_aped.eth
· 6h ago
0.2 is indeed a good level; let's see how the project team manipulates the market next.
View OriginalReply0
GhostAddressHunter
· 6h ago
0.2 Can this support level really hold? It seems like it still depends on how the project team manages the next steps.
If this time the contract drops again, Kaito's airdrop window will be even harder to block.
Can this move in contract trading save the situation? Honestly, I'm a bit skeptical.
Yesterday's sell-off was indeed fierce; today's performance is the real test.
Whether you go into contracts or not, it still depends on whether buying volume keeps up; otherwise, this support level is just paper-thin.
View OriginalReply0
RebaseVictim
· 6h ago
0.2 support seems to hold up okay, let's see if the project team can turn the situation around today.
Cys has finally started trading on futures contracts, marking another major step forward for this project. Yesterday's airdrop sell-off pushed the price down to 0.2, which appears to be a support level. It looks like the market is still waiting for an opportunity at a Perp position. Whether the price can be pushed up by this will depend on the upcoming performance.
Honestly, the airdrop distribution to Kaito the day before yesterday was not fully delivered, causing some community complaints. Whether the project team can regain face through market performance in this futures contract listing depends on today's crucial battle. Whether it's a fleeting moment or a sign of a steady recovery, the market response will provide the answer.