Heavenly King: Heavenly Death $FIL again "plunged": just as it surged high, it crashed, and retail investors were trapped the moment they entered the market?
Just touched nearly 4 dollars for FIL, but within two days it fell back to 2.5 dollarsāthis wave of "surge and drop" caught those chasing the rise off guard.
Within 24 hours, it plummeted nearly 34% from a high of 3.926, yet the trading volume surged to 39.76 million, with a transaction amount breaking 100 million USDT. On one side, there was heavy selling pressure, while on the other, the MA moving average just turned and was beaten back to its original form, even the MACDās red bars didnāt have time to elongate.
Someone joked: "Just thinking about 'bull return', and then turned around to get pressed down and rubbed on the ground"āthis wave of movement is reminiscent of the "flash market" in the crypto market: rising quickly, falling even harder, leaving retail investors only the test of speed in "catching the falling knife". #Strategyå¢ęęÆē¹åø
This wave of altcoin rotation, how did it end up with the decentralized sector 'stealing the show'? #山寨å£ä¾äŗļ¼
Recently, the rhythm in the crypto world is quite interestingāon one hand, thereās a collective celebration in some tracks, and on the other hand, funds are flocking to the decentralized sector like 'visiting neighbors'.
Take UNI for example, $UNI it surged nearly 46% in a single day, with 24-hour trading directly exceeding 200 million USDT. If you say this is an isolated incident? Definitely notāopen the market page and take a look, small coins in the decentralized exchanges and decentralized storage segments have either been quietly climbing or suddenly 'jumping', no longer the 'lying flat' state from before.
Why is it the decentralized sector?
In fact, the logic behind this wave of rotation is not complicated:
1. Funds have nowhere to go, they have to find 'low-lying areas' Mainstream coins have not been fluctuating much recently, and there are no new stories to tell about the hot spots that were previously speculated on, so funds have to find a place with 'imagination space'. The valuation of the decentralized sector is not high to begin with, plus there are occasional whispers in the industry about 'the Web3 infrastructure needing an upgrade', naturally becoming a 'temporary landing place' for funds. 2. 'Decentralization' itself is an 'old IP with a new narrative' Although this concept is not fresh, users' demand for 'privacy and self-control of assets' is becoming more and more practicalāmany people have recently complained about the limitations of centralized platforms and then turned to try decentralized products. This demand realization has also shifted the sector's heat from 'speculating on concepts' to 'looking at actual usage'.
But I have to remind you: excitement is one thing, the risk is indeed not small.
Altcoin rotation has always been 'fast to come, and fast to leave':
- These small coins have small market caps, easy to pump, and quick to crash; you might be making money in the morning, but by the afternoon you could be trapped; - Many projects themselves have not made much actual progress, and their rise relies entirely on market sentiment; once the sentiment retreats, they can drop back in minutes.
Little puppy continues to promote charity rescue! Welcome to loving friends and dog lovers to join Musk says I love little puppies! Ethereum founder Vitalik Buterin supports little puppies! $ETH $DOGE $BNB #é²åØå°åčØ #ē¾čåØéęÆé¢ę #BNBåę°é« #å·Øé²øåØå #å åÆåøåŗč§åÆ
The recent crash in the crypto market has been brutal! BTC plummeted to 20,000 points, ETH dropped by 1,000 points, and even altcoins including $Binance have at least halved in value by 70%. Over 140,000 people were liquidated in the past 24 hours, and all we hear are cries of despair from accounts in the red.
What exactly happened last night? Those waking up to losses are all asking if shorting has made anyone rich?
3.4.3 is also hard to brush, and the feedback from customer service hasn't been very good.
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The Binance version has released a new version 3.4.4, everyone must not rush to update! Currently, alpha limit trading cannot automatically recommend new prices. Last night after updating, this morning due to habitual thinking, I made 2 trades and have already lost over 10 U. I have already provided feedback to customer service and am now waiting. As a guinea pig who has updated to version 3.4.4, I believe Binance can provide us with a satisfactory solution. šš»šš»šš»
$ETH $BNB $ASTER š Binance adds a new coin! Aster (ASTER) will be launched with seed label tomorrow
Binance has just announced that: It will officially launch Aster (ASTER) on October 6 at 20:00 (UTC+8) And open multiple trading pairs such as ASTER/USDT, ASTER/USDC!
š„ Worth noting for everyone: ā Aster has received Binance's 'Seed Label' ā Multiple trading pairs will open simultaneously ā Trading will start on time tomorrow
Every time Binance launches a new coin, it drives market enthusiasm, And funds are beginning to look for the next potential target!
Recently, the community has been hotly discussing the 'Little Puppy' With the concept of Musk + endorsement from Vitalik Buterin, It is becoming the focus of attention for more and more people