$AIGENSYN crashed 30% in a day, and the AI narrative has sacrificed a bunch of believers.
This coin recently rode the AI Agent hype wave; how are those who FOMO'd in feeling now? 4H RSI is at 41.7, and note—it's not even in the oversold zone. A 30% drop and still not in the oversold area shows just how inflated the bubble was.
Now looking at $MEGA, it just hit Binance not long ago and dropped 22%, with a trading volume of $330 million. The script of hitting the peak upon listing is a weekly drama in crypto, with newcomers entering as the audience every week. RSI is at 43.4, and the selling pressure hasn't fully released yet.
The Fear & Greed Index is at 26, and the whole market is in panic mode. BTC is still holding at $77k, but no one is there to catch these altcoins. If Bitcoin sneezes, they go straight to ICU.
As a wise trader once said: a 30% drop isn't a discount, it's just a 30% drop. Don’t start imagining a bottom-fishing narrative～
#AI #newcoin
This coin recently rode the AI Agent hype wave; how are those who FOMO'd in feeling now? 4H RSI is at 41.7, and note—it's not even in the oversold zone. A 30% drop and still not in the oversold area shows just how inflated the bubble was.
Now looking at $MEGA, it just hit Binance not long ago and dropped 22%, with a trading volume of $330 million. The script of hitting the peak upon listing is a weekly drama in crypto, with newcomers entering as the audience every week. RSI is at 43.4, and the selling pressure hasn't fully released yet.
The Fear & Greed Index is at 26, and the whole market is in panic mode. BTC is still holding at $77k, but no one is there to catch these altcoins. If Bitcoin sneezes, they go straight to ICU.
As a wise trader once said: a 30% drop isn't a discount, it's just a 30% drop. Don’t start imagining a bottom-fishing narrative～
#AI #newcoin