Swissborg CHSB chart looking good despite selling pressure

9 May 2021

Swissborg's CHSB experienced some selling pressure this week as people "sold the news" of the platform's much-anticipated BTC staking. As a lower-cap token, it is also perhaps not surprising that it has languished a little given how ETH has been tearing up to 4k USD/0.0667 BTC like a rat up a drainpipe. It'll be more likely to make more green candles once ETH calms down a little. In the meantime, the overall trend remains to the upside.