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PHB stopped loss on the contract, to be honest, it lacks vision. The overall trend looks like quantitative trading is controlling the market, and the spike on the 19th directly buried people.
In contrast, the entire RWA track has been collectively recovering recently, with most projects gradually launching. But PHB just had a rally and started to bury people—there's no way around it, accept the loss and cut it.
Instead of holding on to this, it's better to pay attention to other RWA projects. The overall trend in this sector remains quite strong, and the recovery momentum is very clear. If the market rebounds later, there should be many opportunities in RWA.
Among them, PENDLE, as a leader, has recently performed well and is worth continuous attention, with a relatively stable trend. If the overall rebound is confirmed, such leading projects may perform even better.