WHAT JUST HAPPENED TO ZHONGJI?! ๐๐
$ZHONGJI
just got slammed 11%+ in a single day, falling from $151.41 โ $129.98 on the chart.
Thatโs a brutal reset after the massive run-up. If the underlying market cap is around $150B, an 11% move could represent roughly $16B+ in paper market value wiped out ๐ธ
The chart shows heavy selling pressure + weak recovery attempts, with price now hovering near the $129 support zone.
โ ๏ธ But remember: this screenshot is ZHONGJI perpetual, so the contract move โ guaranteed spot-stock market-cap loss.
AI stocks can have explosive growthโฆ but when expectations get too high, the correction can be just as explosive. ๐ฉธ
Follow for more.
#TetherEndsUruguayBitcoinMining #GoldNearsThreeMonthHigh #TetherEndsUruguayBitcoinMining
$ZHONGJI
just got slammed 11%+ in a single day, falling from $151.41 โ $129.98 on the chart.
Thatโs a brutal reset after the massive run-up. If the underlying market cap is around $150B, an 11% move could represent roughly $16B+ in paper market value wiped out ๐ธ
The chart shows heavy selling pressure + weak recovery attempts, with price now hovering near the $129 support zone.
โ ๏ธ But remember: this screenshot is ZHONGJI perpetual, so the contract move โ guaranteed spot-stock market-cap loss.
AI stocks can have explosive growthโฆ but when expectations get too high, the correction can be just as explosive. ๐ฉธ
Follow for more.
#TetherEndsUruguayBitcoinMining #GoldNearsThreeMonthHigh #TetherEndsUruguayBitcoinMining
