【See Decline】
C current price 0.0812, down 11.93% in the past 24 hours. Still up 38.10% over 7 days. Intraday range 0.0721–0.0950, amplitude 31.8%.
【Market Overview】
After C fell 11.93% over the past 24 hours, it failed to hold above 0.0950, and the short-term focus remains moving lower.
The rebound came with shrinking volume, while the decline saw rising volume—volume-price structure is bearish.
During the same period, BTC is +1.56% over 24 hours; C’s 11.93% drop clearly underperformed the broader market, with capital withdrawing.
In the short term, it is biased bearish.
【Bearish Rationale】
The selling pressure near 0.0950 has not been fully digested. Each subsequent counter-trend bounce has weaker strength than the last.
The center of gravity below 0.0950 continues to move lower, and no solid rebound support has been seen yet in the short term.
The risk is that after overselling, a technical rebound could happen at any time—if shorting, set stop-loss properly.
In terms of strategy, treat 0.0950 as the rebound resistance level, and 0.0721 as the next observation point.
$C #C
C current price 0.0812, down 11.93% in the past 24 hours. Still up 38.10% over 7 days. Intraday range 0.0721–0.0950, amplitude 31.8%.
【Market Overview】
After C fell 11.93% over the past 24 hours, it failed to hold above 0.0950, and the short-term focus remains moving lower.
The rebound came with shrinking volume, while the decline saw rising volume—volume-price structure is bearish.
During the same period, BTC is +1.56% over 24 hours; C’s 11.93% drop clearly underperformed the broader market, with capital withdrawing.
In the short term, it is biased bearish.
【Bearish Rationale】
The selling pressure near 0.0950 has not been fully digested. Each subsequent counter-trend bounce has weaker strength than the last.
The center of gravity below 0.0950 continues to move lower, and no solid rebound support has been seen yet in the short term.
The risk is that after overselling, a technical rebound could happen at any time—if shorting, set stop-loss properly.
In terms of strategy, treat 0.0950 as the rebound resistance level, and 0.0721 as the next observation point.
$C #C
