Just took a look at the data—there’s something going on.
$COTI surged straight up by 66% last night: 0.0186, with volume at 35.4M, leaving other coins in the dust. This volume doesn’t look right. Normally, a move of this magnitude would be driven by news, or the market maker is controlling it. I looked around but didn’t see anything substantive—more like probing the market or coordinating a long/short double-kill with derivatives.
Chasing in right now is basically handing over your head. Wait for a pullback to around 0.016, then we’ll talk—only consider it after it holds.
On the other hand, $PHB dropped 69% straight down: from 0.049 to 0.015. This isn’t a panic selloff—it looks like someone dumped and unloaded. NFP is down 66% as well. Altcoins are collectively being killed; with BTC holding steady like this, them still dropping isn’t a misjudgment—it means there’s money moving out.
Don’t bottom-fish coins like this.
Write2Earn Crypto
Can the bulls still hold?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.
$COTI surged straight up by 66% last night: 0.0186, with volume at 35.4M, leaving other coins in the dust. This volume doesn’t look right. Normally, a move of this magnitude would be driven by news, or the market maker is controlling it. I looked around but didn’t see anything substantive—more like probing the market or coordinating a long/short double-kill with derivatives.
Chasing in right now is basically handing over your head. Wait for a pullback to around 0.016, then we’ll talk—only consider it after it holds.
On the other hand, $PHB dropped 69% straight down: from 0.049 to 0.015. This isn’t a panic selloff—it looks like someone dumped and unloaded. NFP is down 66% as well. Altcoins are collectively being killed; with BTC holding steady like this, them still dropping isn’t a misjudgment—it means there’s money moving out.
Don’t bottom-fish coins like this.
Write2Earn Crypto
Can the bulls still hold?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.