$STRK just gave back its ENTIRE October rally. To the cent.
Oct 2 close: $0.04297. Now: $0.04298. In between, a run to $0.1265 on Oct 11 (+194% in 9 days) and a 66% slide from that top.
What the chart says today:
• 24h: -2.9%, range $0.04245–0.04451
• 7-day: -4.8%, low $0.03982 (Oct 30), high $0.04845 (Oct 28)
• 24h volume ~$2.2M vs $104M on Oct 11 peak day
That volume collapse is the real story. Sellers aren't panicking anymore, but buyers aren't showing up either. Sunday liquidity explains part of it, not all of it. Meanwhile BTC is flat (+0.4% 24h), so this isn't a market-wide flush.
Levels I'm watching: $0.0398 (this week's low) as the floor, and $0.0485 as the ceiling that has capped every daily high since Oct 25.
Ecosystem side: StarkWare and the Starknet Foundation reported cutting the gas cost of verifying Falcon-512 post-quantum signatures by about 46% (Oct 29), the kind of long-game research that rarely moves price in the short run. On the supply side, the monthly 127M STRK unlock lands again on Nov 15, worth keeping on the calendar.
Low-volume bases can break either way, and STRK has shown how fast it moves in both directions. Size accordingly.
Base building here, or just a pause before the next leg down?
Not financial advice.
#Starknet #Altcoins #CryptoTrading
Oct 2 close: $0.04297. Now: $0.04298. In between, a run to $0.1265 on Oct 11 (+194% in 9 days) and a 66% slide from that top.
What the chart says today:
• 24h: -2.9%, range $0.04245–0.04451
• 7-day: -4.8%, low $0.03982 (Oct 30), high $0.04845 (Oct 28)
• 24h volume ~$2.2M vs $104M on Oct 11 peak day
That volume collapse is the real story. Sellers aren't panicking anymore, but buyers aren't showing up either. Sunday liquidity explains part of it, not all of it. Meanwhile BTC is flat (+0.4% 24h), so this isn't a market-wide flush.
Levels I'm watching: $0.0398 (this week's low) as the floor, and $0.0485 as the ceiling that has capped every daily high since Oct 25.
Ecosystem side: StarkWare and the Starknet Foundation reported cutting the gas cost of verifying Falcon-512 post-quantum signatures by about 46% (Oct 29), the kind of long-game research that rarely moves price in the short run. On the supply side, the monthly 127M STRK unlock lands again on Nov 15, worth keeping on the calendar.
Low-volume bases can break either way, and STRK has shown how fast it moves in both directions. Size accordingly.
Base building here, or just a pause before the next leg down?
Not financial advice.
#Starknet #Altcoins #CryptoTrading
