THALES

Fundamental Analysis

Introduce

Thales market is both an Ethereum protocol and a platform where you can participate in different positional markets with easy to understand derivatives.With thousands of traders and over 18 million USD in volume across supported chains (Optimism, Arbitrum, Polygon, and BNBChain.Gate has integrated ERC20 and Optimism ), Thales, along with the products built on top of it, are proving to be not only a great alternative or complement to perpetual futures and vanilla options, but also a world on its own full of possibilities for those that value decentralization, innovation, and simple but powerful design.One of the main advantages of Thales is that given its AMM structure its very easy to understand the risk and reward of a position and is flexible enough to serve as a money lego for several types of markets (or platforms built on top), including crypto-asset prices, sports results, and real-life events.

BasicInfo

Technical Analysis

Kline Data

Analysis

The data reveals a downward price trend over the past 30 days with significant price volatility.High volume trading days often correspond with price declines, suggesting selling pressure. There is a sharp price drop between 2024-12-18 and 2024-12-23. The last few days indicate a slight stabilization around 0.19 price range, showing reduced volatility. Recent trading volumes are lower than the earlier period of the observed window, which may be indicative of reduced interest or consolidation. There are no clear reversal patterns at the moment and a downtrend remains in place.A possible further price fluctuation in the near term should not be ruled out, possibly with a downward bias. However, price stability in the last few days might indicate a potential base formation.