This move isn’t that simple.
The NFP immediately dropped by -65%, leaving me stunned. With a price of only 0.00181, it still managed a deal volume of 3.8 million. Honestly, this kind of no-volume crash is the scariest—not a shakeout, but real distribution. People holding it probably can’t maintain their mindset anymore.
The volume at $MOVR was 31.4 million. A 30% decline is considered quite large within the mainstream sectors. But I noticed this volume isn’t small, which suggests there is capital stepping in. As for whether it’s “smart money,” that’s hard to say.
VANRY is also pretty miserable, down -37%.
Honestly, aside from MOVR having a bit more liquidity, the trading volumes of the other picks are too small. If the main force wants to, they can drop the price and create such a big percentage decline with just a casual sell-off.
Bottom fishing? I won’t rush in right now to catch a thrown knife. A no-volume crash like NFP indicates that the supply pressure hasn’t fully cleared yet—there may be a second wave. If MOVR can stabilize around 1.7, it could be considered to try a small position, but the stop-loss must be strict and absolute.
Market sentiment hasn’t reached rock-bottom yet. Do you think these are golden pits or value traps?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.
The NFP immediately dropped by -65%, leaving me stunned. With a price of only 0.00181, it still managed a deal volume of 3.8 million. Honestly, this kind of no-volume crash is the scariest—not a shakeout, but real distribution. People holding it probably can’t maintain their mindset anymore.
The volume at $MOVR was 31.4 million. A 30% decline is considered quite large within the mainstream sectors. But I noticed this volume isn’t small, which suggests there is capital stepping in. As for whether it’s “smart money,” that’s hard to say.
VANRY is also pretty miserable, down -37%.
Honestly, aside from MOVR having a bit more liquidity, the trading volumes of the other picks are too small. If the main force wants to, they can drop the price and create such a big percentage decline with just a casual sell-off.
Bottom fishing? I won’t rush in right now to catch a thrown knife. A no-volume crash like NFP indicates that the supply pressure hasn’t fully cleared yet—there may be a second wave. If MOVR can stabilize around 1.7, it could be considered to try a small position, but the stop-loss must be strict and absolute.
Market sentiment hasn’t reached rock-bottom yet. Do you think these are golden pits or value traps?
#Write2Earn #Crypto
⚠️ Personal opinion only; not investment advice.