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🔥 The Top 5 Most Popular ETF Leveraged Tokens of the Week (7.28-8.03) 🔥
Last week, the crypto market experienced an overall pullback, with major global digital currencies fluctuating downward. Despite the celebration of the 10th anniversary of ETH last week, it did not lead to significant price fluctuations. However, market sentiment remains optimistic, as the trading volume and open interest of ETH5L (5x long) reached new highs, indicating that investors still have confidence in the future of ETH. At the same time, leveraged products for tokens like ENA, VINE, and FARTCOIN were actively traded, with both long and short strategies showing impressive performance.
Market Insights
* Unilateral Market Compound Interest Effect: Short tokens like VINE3S and FARTCOIN5S amplify returns through "daily rebalancing" in a unilateral downward trend.
* Leverage demand amid low volatility: Even when ETH is sideways, the position of ETH5L is increasing, reflecting investors' positioning for potential trends.
🏆 Popular Rankings TOP 5
1️⃣ DOGE5L
2️⃣ ETH5L
3️⃣ ENA3L
4️⃣ VINE3S
5️⃣ FARTCOIN5S
Regarding the compounding effect of leveraged ETF tokens in a one-sided trending market, please click for details.
👉 https://www.gate.com/post/status/12596787
💡 Leveraged tokens offer high returns coupled with high risks, suitable only for short-term trading and not for long-term holding. Be sure to manage risks before entering!