$PYR Today the drop is really brutal. According to Binance real-time data, the current price is 0.021 dollars. In the last 24 hours it has been more than halved straight away, down -57%. Trading volume is 753K—among altcoins, that counts as some activity. It means it’s not stagnant dead water; there are people cutting losses and others scooping the dip. I don’t have any positions myself, but even just watching it hurts. This trend is like a waterfall. Anyone catching falling knives is probably cursing up a storm.
WTC and ACA are also惨—one is -56% and the other -51%. They’re both multi-million-sized books. To put it bluntly, it’s a liquidity drought: once big orders get sold hard, everything collapses. I don’t touch this kind of market—there’s no floor. It’s just gambling on luck. $PHB is also making new lows. Don’t try to guess the bottom. When altcoins crash, there’s no limit to how low they can go.
To be honest, yesterday I tried a long on $VIC , and today I got buried too. I cut loss at -5% and got out. Not embarrassing. The market’s fear and greed index is probably near rock bottom right now. This is exactly when it’s easiest to get impulsive and buy cheap stuff—but you should think: why is it cheap? Does anyone know what’s going on and what’s being moved?
Don’t rush to bottom-fish. Wait for stabilization signals—for example, a daily candle closing with a long lower wick, or the trading volume shrinking to the extreme and then expanding again. That’s when it could be an opportunity. Right now, just watch the show. Controlling your hands matters more than anything. If you really want some excitement, tap PYR or VIC and go look at the chart yourself and judge for yourself. The above is only personal opinion and does not constitute investment advice.
WTC and ACA are also惨—one is -56% and the other -51%. They’re both multi-million-sized books. To put it bluntly, it’s a liquidity drought: once big orders get sold hard, everything collapses. I don’t touch this kind of market—there’s no floor. It’s just gambling on luck. $PHB is also making new lows. Don’t try to guess the bottom. When altcoins crash, there’s no limit to how low they can go.
To be honest, yesterday I tried a long on $VIC , and today I got buried too. I cut loss at -5% and got out. Not embarrassing. The market’s fear and greed index is probably near rock bottom right now. This is exactly when it’s easiest to get impulsive and buy cheap stuff—but you should think: why is it cheap? Does anyone know what’s going on and what’s being moved?
Don’t rush to bottom-fish. Wait for stabilization signals—for example, a daily candle closing with a long lower wick, or the trading volume shrinking to the extreme and then expanding again. That’s when it could be an opportunity. Right now, just watch the show. Controlling your hands matters more than anything. If you really want some excitement, tap PYR or VIC and go look at the chart yourself and judge for yourself. The above is only personal opinion and does not constitute investment advice.
