Analysis of Filecoin futures price, has it been rising before the mainnet launch?

Analysis of Filecoin futures price, has it been rising before the mainnet launch?

Filecoin has been so popular recently that everyone must have seen it. However, due to the fact that the mainnet has not yet been launched, speculators in the secondary market are impatient and can only choose futures to speculate. Filecoin Net will provide irregular futures price analysis before the mainnet is launched in the near future, aiming to give everyone a reference.

First of all, before analyzing the price of Filecoin futures, we must abide by an objective fact, that is, the rise and fall of all mainstream currencies depends on the overall market. The overall market of the cryptocurrency market is Bitcoin. When Bitcoin rises, other currencies will rise, and when Bitcoin falls, other currencies will fall. This is the power of the overall market. Therefore, before understanding the rise and fall of Filecoin futures, the general direction of Bitcoin's rise and fall cannot be a problem.
Secondly, after judging the overall market environment, we need to look at the fundamentals of the market segments. For the Filecoin project, due to the positive expectations of the mainnet launch, the overall trend of Filecoin futures prices is upward, that is, the price will continue to rise. Of course, it is normal to rise and then fall back during the period, but the overall trend is oscillating upward.
After the market environment and fundamentals are determined, we mainly look at the impact of the event. Because Filecoin futures (referring to June futures) have insufficient liquidity and low trading volume, we will not consider technical analysis for the time being, such as some indicators such as MACD, KDJ, Bollinger Bands, etc., then it will be much easier to determine the price trend of Filecoin futures.
After determining the above logic, let’s analyze the relevant operational suggestions on the impact of the Filecoin project events on futures prices.
Here I will teach you an operation method that goes against common sense. When a positive event comes, it is the time to sell, and when a negative event comes, it is the time to buy. Why do we do this?
First of all, before the mainnet is launched, the overall price trend of futures is oscillating upward. We can hold positions all the time, or sell at the high point of the oscillation and buy back at the low point.
Secondly, the impact of the event is immediate and short-lived, so it is a phased market. If there is a sudden surge in price, we will not have time to take delivery of the goods in the first place, so we can only choose to sell them. When the favorable expectations are over, the Filecoin price will fall back, and then we will take delivery of the goods and wait for the next favorable event to be paid out.
The operation method for negative events is similar. Once negative news appears, the price of Filecoin futures will fall rapidly, and we will not have time to ship the goods, so we can wait for the negative news and choose the opportunity to purchase. The premise is that the overall trend of Filecoin futures is upward, so we are not afraid of being trapped.
In short, the overall logic of operating futures is this. When a specific event approaches, we will release the first analysis on Filecoin Net in advance to provide real-time suggestions. Everyone is welcome to pay attention.

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