Volume Trend: The 24-hour trading volume is approximately $9.24 million, indicating increased market participation.
After reaching a low of $0.0443 in April, C98 has shown a modest recovery, currently trading around $0.0635.
The #C98/USDT pair is exhibiting bullish tendencies on the daily timeframe, with technical indicators and moving averages signaling a strong buy. The price is approaching key resistance levels, and a breakout above these could define the next upward trend.
Volume Trend: The 24-hour trading volume is approximately $9.24 million, indicating increased market participation.
After reaching a low of $0.0443 in April, C98 has shown a modest recovery, currently trading around $0.0635.
The #C98/USDT pair is exhibiting bullish tendencies on the daily timeframe, with technical indicators and moving averages signaling a strong buy. The price is approaching key resistance levels, and a breakout above these could define the next upward trend.
The STAR Market, as is implied by the name, is heavily geared toward smaller innovative tech companies, in particular those engaged in strategically important fields, such as biopharmaceuticals, 5G technology, semiconductors, and new energy. The STAR Market currently has 340 listed securities. The STAR Market is seen as important for China’s high-tech and emerging industries, providing a space for smaller companies to raise capital in China. This is especially significant for technology companies that may be viewed with suspicion on overseas stock exchanges.
That growth environment will include rising inflation and interest rates. Those upward shifts naturally accompany healthy growth periods as the demand for resources, products and services rise. Importantly, the Federal Reserve has laid out the rationale for not interfering with that natural growth transition.It's not exactly a fad, but there is a widespread willingness to pay up for a growth story. Classic fundamental analysis takes a back seat. Even negative earnings are ignored. In fact, positive earnings seem to be a limiting measure, producing the question, "Is that all you've got?" The preference is a vision of untold riches when the exciting story plays out as expected.
