$CROSS fell 8.7%, but I have to say—this might be one of the most worth watching trends lately.
Trading volume is 6.8 million. Compared with the recent days of shrinking volume and slow, bearish drift, today clearly shows money stepping in. The low around 0.104 has been tested repeatedly without breaking—this suggests there are real buy orders here, not just the shorts casually dumping.
The community sentiment is interesting, too. Discussions in the Alpha segment aren’t low, but there’s a huge split between bulls and bears. Some people say, “This is just a shakeout,” while others say, “If it breaks down, run.” It’s a classic period of hesitation.
I checked the fee rate—it’s fairly neutral and nowhere near the level of extreme bearishness. At this kind of position, it’s often the eve of the market choosing a direction.
On-chain data also gives me a signal—whale addresses’ holdings have been changing more frequently than the past few days. Someone is quietly accumulating.
To put it simply: with a move like $CROSS , it’s either a treasure pit or a deep pit. But...