ShareLighter Launches On-Chain Perpetual Futures for Major South Korean Stocks
- Innovative Financial Product: On February 11, ShareLighter launched on-chain perpetual futures, allowing traders to directly trade major South Korean stocks like Samsung, SK Hynix, and Hyundai with up to 10x leverage, marking the first decentralized exchange to offer crypto derivatives linked to traditional companies.
- Growing Market Demand: With rising global demand for semiconductors, particularly memory chips related to AI, companies like Samsung and SK Hynix are benefiting significantly, driving interest in South Korean stocks, and Lighter's products are well-positioned to meet this market need.
- Enhanced Trading Convenience: Through perpetual futures, traders can take long or short positions at any time without brokers or market hours, with contracts settled in crypto and remaining open as long as margin requirements are met, significantly increasing trading flexibility.
- Regulatory Environment Impact: Lighter's contracts operate outside South Korea's regulated securities framework, which may appeal to some investors, but also necessitates heightened risk awareness, especially in light of the upcoming launch of 2x leveraged ETFs.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 40818.203 | 50409.102 | 60005.013 | 69595.912 | 79191.823 | 88782.722 | 98378.633 |
| Fibonacci | 50409.102 | 57738.463 | 62266.55 | 69595.912 | 76925.273 | 81453.36 | 88782.722 |
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