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0G experienced a strong performance in December. Data shows that on December 25th, the price increased by 31%. There are several driving forces behind this — a report on December 15th mentioned that over 400 projects have integrated and connected, indicating rapid ecosystem expansion; an important update on December 24th was the transferability of AI node licenses, breaking the previous liquidity bottleneck.
Of course, the market has also experienced minor fluctuations. A vulnerability appeared on December 14th but has been promptly fixed. Currently, traders are focusing on negative financing rates and short squeeze scenarios, and overall market sentiment remains optimistic.
From a technical perspective, after breaking through previous resistance levels, the probability of a bullish reversal is increasing. But don’t overlook a detail — the selling pressure accumulated around $0.16 still exists, which could be a restraining factor. If a smooth breakthrough occurs, the upside potential relative to the bottom could target the $1.4 level.
It directly broke the previous deadlock, and the integration of over 400 projects in the ecosystem also proves it's not just talk.
It's just that the pressure around 0.16 is still a bit intense, but I believe it can reach 1.4.
Can we just push directly to 1.4 and stop messing around here?
Having 400 ecosystem projects integrated sounds impressive, but obtaining transfer licenses is the real solution to the problem.
Is the financing rate still negative? Then just hold on, the short squeeze is coming.
The vulnerability on December 14th startled me, but luckily it was fixed quickly.