U.S. prosecutors are investigating trading activity related to Iran, and regulatory pressure has once again landed on the world’s largest spot trading platform. Once this kind of news breaks, it usually triggers emotion-driven selling first, and then gradually gets digested. It’s just short-term volatility—not a trend reversal.
Check the live prices: LINK is at 13.05, up 1.6% over the past 24 hours; ORDI is at 4.92, up 1.5% over the past 24 hours. After the negative news came out, these two popular coins are still holding above the red line. There’s no sign of panic-driven capital leaving—selling pressure has basically stayed at the sentiment level.
Don’t chase shorts during the news’s incubation phase, and don’t catch falling knives. Wait until the 24-hour price swings narrow before taking a direction, and leave room in your position for scaling in and out in batches. #LINK #ORDI
Check the live prices: LINK is at 13.05, up 1.6% over the past 24 hours; ORDI is at 4.92, up 1.5% over the past 24 hours. After the negative news came out, these two popular coins are still holding above the red line. There’s no sign of panic-driven capital leaving—selling pressure has basically stayed at the sentiment level.
Don’t chase shorts during the news’s incubation phase, and don’t catch falling knives. Wait until the 24-hour price swings narrow before taking a direction, and leave room in your position for scaling in and out in batches. #LINK #ORDI