First, let’s talk about this:
SIGN will unlock about $2.48 million worth of tokens tomorrow (November 16), accounting for 10.5% of the circulating supply
First look at this, then compare it with the market to see whether the market has already priced in this news.
First, look at the market:
$BTC 63,007.62 (-7.74%)|$ETH 1729.8 (-10.39%)|BNB 572.75 (-9.16%)|SOL 69.12 (-10.84%)
It’s falling pretty fast, so don’t rush to buy the dip.
News side:
1. Over the past 24 hours, liquidations across the entire network totaled $1.945 billion, with over 310,000 people liquidated
2. VANA will unlock 969,000 tokens tomorrow (November 16), accounting for 3.14% of the circulating supply
Sentiment and capital:
Fear & Greed Index 10 (extreme fear), down 3 from yesterday
In the past hour, liquidations across the entire network totaled $4.57 million, with long positions accounting for 49.2%
The biggest gainers and losers:
Top gainers: EVAA +30.83%, SOPH +22.82%, DODOX +7.75%
Top losers: KAVA -60.94%, AGT -31.3%, BERA -24.3%
My view:
It’s more reliable to look at sentiment, capital, and position data together than to look at price alone.
Which news are you paying the most attention to today?
I often get it wrong too, so judge for yourself.