DEBIT Sudden Surge Then Plunges—Is There Still Follow-Through in the Next Window?
This round’s real spotlight is DEBIT’s falling price and a simultaneous acceleration in trading volume. The selling pressure has moved from the candlesticks to actual executed trades. Here’s the data: Chain trend pool rank #2. Current price: $1.8704. Down 3.85% in the past hour. Hourly trading volume: 6.129 million stablecoins. Up/down over the past 24 hours: +18.29%. Trading volume: 210 million stablecoins. Liquidity: 1.956 million stablecoins. In the past hour, buy/sell transaction counts: 2776/2881
Going forward, there are only two possible paths: either trading volume keeps expanding, indicating that selling pressure is still spreading; or the price stabilizes and stops falling while volume slows down, meaning panic is starting to be absorbed.
Trading view: For now, I’m mildly bearish on DEBIT and won’t chase the first leg of the rebound. I only watch one condition: if, in the next window, the price stops falling and the pace of selling pressure slows, then this bearish thesis is invalid. If trading volume continues to accelerate and liquidity keeps thinning, the risk hasn’t been fully released yet. Conversely, volume contraction with price holding steady is the first repair signal.
In the next window, will you hold your position and stay on, or will you pull back?
#DEBIT #stablecoin
This round’s real spotlight is DEBIT’s falling price and a simultaneous acceleration in trading volume. The selling pressure has moved from the candlesticks to actual executed trades. Here’s the data: Chain trend pool rank #2. Current price: $1.8704. Down 3.85% in the past hour. Hourly trading volume: 6.129 million stablecoins. Up/down over the past 24 hours: +18.29%. Trading volume: 210 million stablecoins. Liquidity: 1.956 million stablecoins. In the past hour, buy/sell transaction counts: 2776/2881
Going forward, there are only two possible paths: either trading volume keeps expanding, indicating that selling pressure is still spreading; or the price stabilizes and stops falling while volume slows down, meaning panic is starting to be absorbed.
Trading view: For now, I’m mildly bearish on DEBIT and won’t chase the first leg of the rebound. I only watch one condition: if, in the next window, the price stops falling and the pace of selling pressure slows, then this bearish thesis is invalid. If trading volume continues to accelerate and liquidity keeps thinning, the risk hasn’t been fully released yet. Conversely, volume contraction with price holding steady is the first repair signal.
In the next window, will you hold your position and stay on, or will you pull back?
#DEBIT #stablecoin
