Right now in the early hours, the copycat coins have taken another hard blow.
UNI is down 8.06%, currently 3.205; INJ is down 6.48%, currently 4.317. Both of them are single-day big red candles dropping straight down. They didn’t follow along with Bitcoin, which is basically the panic from the altcoins themselves.
These kinds of midnight sell-offs usually come in two scenarios: either someone is urgently unloading, or the derivatives side triggers a chain liquidation cascade and stampede. Don’t rush to bottom-buy for now—first see whether they can hold their ground at key levels.
When a coin drops fast, its rebound often comes fast too, but catching falling knives—don’t move too quickly.
In the middle of the night, don’t stay up watching the charts. Set reminders, go to sleep, and check the situation after you wake up tomorrow—it’s more solid.
UNI is down 8.06%, currently 3.205; INJ is down 6.48%, currently 4.317. Both of them are single-day big red candles dropping straight down. They didn’t follow along with Bitcoin, which is basically the panic from the altcoins themselves.
These kinds of midnight sell-offs usually come in two scenarios: either someone is urgently unloading, or the derivatives side triggers a chain liquidation cascade and stampede. Don’t rush to bottom-buy for now—first see whether they can hold their ground at key levels.
When a coin drops fast, its rebound often comes fast too, but catching falling knives—don’t move too quickly.
In the middle of the night, don’t stay up watching the charts. Set reminders, go to sleep, and check the situation after you wake up tomorrow—it’s more solid.