In QNT-related discussions, some people ask whether the 305 entry price can still hold up; others call 245—250 a “pickup of multiple zones.” After a sharp drop, the first minor rebound is very tempting, but whether it can absorb the sell orders before it matters more than “how much it has already fallen.”
On Binance spot market time (Beijing time) from 22:00 to 23:00, QNT fell from $254.74 to $248.81, with about 10.4k coins traded. Then from 23:00 to 24:00, the high reached only $250.30, closing at $249.31, and trading volume dropped to about 7,452 coins. In the same period, BTC basically moved sideways. Even after the small rebound, the closing price of QNT still didn’t return to the lowest point of the 21:00 hourly line at $250.34, let alone confirm that the selling had ended.
Looking at the next day from 00:00 to 04:00, the short-term bias is temporarily bearish: the hours during which it fell had higher trading volume than the rebound hours, and the price also remained below the pre-drop range. If, before 04:00, there is a completed 1-hour K-line close above the 22:00 high at $254.76, then this judgment would be invalidated. The 305 buy price is your personal cost, not a reason the market will come back to rescue you.
On Binance spot market time (Beijing time) from 22:00 to 23:00, QNT fell from $254.74 to $248.81, with about 10.4k coins traded. Then from 23:00 to 24:00, the high reached only $250.30, closing at $249.31, and trading volume dropped to about 7,452 coins. In the same period, BTC basically moved sideways. Even after the small rebound, the closing price of QNT still didn’t return to the lowest point of the 21:00 hourly line at $250.34, let alone confirm that the selling had ended.
Looking at the next day from 00:00 to 04:00, the short-term bias is temporarily bearish: the hours during which it fell had higher trading volume than the rebound hours, and the price also remained below the pre-drop range. If, before 04:00, there is a completed 1-hour K-line close above the 22:00 high at $254.76, then this judgment would be invalidated. The 305 buy price is your personal cost, not a reason the market will come back to rescue you.