$LSK just dropped -9.0% in the last hour (+113.0% over 24h)
LSK now $0.7453
My read: after such a sharp pump, this kind of drop can point to profit-taking, liquidations, or crowded leverage unwinding. I’m not touching this yet; I’d wait for volatility to cool and market structure to stabilize before reassessing.
Do you think this is a leverage flush or the start of a deeper pullback?
Not financial advice; please DYOR.
LSK now $0.7453
My read: after such a sharp pump, this kind of drop can point to profit-taking, liquidations, or crowded leverage unwinding. I’m not touching this yet; I’d wait for volatility to cool and market structure to stabilize before reassessing.
Do you think this is a leverage flush or the start of a deeper pullback?
Not financial advice; please DYOR.
