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What does Huobi Main Force Index mean?

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What does Huobi Main Force Index mean? What is the Huobi Main Force Index? In H

What does Huobi Main Force Index mean?

What does Huobi Main Force Index mean? What is the Huobi Main Force Index? In Huobi Pro, when you search for “BTC/USDT”, you will find the corresponding trading price of the cryptocurrency.

Based on the image above, you can see how this index is calculated. For example, if the buying price is $5 and the selling price is $1,

if you sell 10,000 bitcoins, you will get HT tokens worth 150,000 RMB. The price of these tokens has already been overestimated by more than 3 times, and large capital is also continuously increasing their holdings.

This means that when a certain variety experiences a sharp decline, “BTC” becomes the first to become “ETH”. At this time, there are also many small-scale investors who follow the trend. Therefore, Huobi Main Force should judge the market trend using such a method.

Of course, many investors ask whether Huobi can become a more professional platform, or if it is just called a trading platform tool!

But in fact, based on the data from the current mainstream exchanges, most of them are still in a wait-and-see state. And many times, there are announcements, so this information is not accurate and everyone doesn’t need to pay too much attention to it. However, for those who want to make money through contracts, such results may not be particularly obvious. “EOS spot and BSV perpetual futures, for example, are used for leveraged operations.”

But because the underlying assets of these products are different, it is difficult for ordinary users to understand. Therefore, besides the mentioned information above, most people seem to be unclear on how to use these derivatives. “Now we see some new products, such as EOS, BNB, OKB, and so on.” What about Huobi? Why use this set of technologies to analyze various projects?” Because it is based on different data structures, including but not limited to the following points:

1. EOS is highly similar to other public chains in terms of price; 2. EOS performs well; 3. The price of EOS usually does not affect the overall development trend of the public chain.

4. The average return on all projects on EOS is basically the same, and the two assets with the highest return rate (i.e., BNB) still have room for growth. (Note: The above content is for reference only and does not constitute investment advice!)

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