CARV plunged 12.83% today to 0.0449, tumbling all the way down from 0.052. That’s a brutal drop. It’s still up 6.65% over 7 days and 22.21% over 30 days, but down 83.21% over the past year—a period of sharp volatility following a steep decline.
Looking at liquidation data, $78,100 in long positions were liquidated over the past 24 hours, compared with just $9,251 in shorts. Longs took a beating. The long/short ratio is 2.36, and large holders’ positions are at 0.73. Retail traders are bullish, while major players are reducing their positions. That’s a dangerous signal: it suggests major players are selling while retail traders are buying.
If 0.044 breaks, the next level to watch is 0.04; if it holds, a rebound is still possible. CARV is a veteran project in the data sector, and this drop seems to have come out of nowhere. Profit-taking may have triggered a wave of selling. Don’t rush to buy the dip in the short term—wait for the price to stabilize first. #币安推出binanceintelligence
Looking at liquidation data, $78,100 in long positions were liquidated over the past 24 hours, compared with just $9,251 in shorts. Longs took a beating. The long/short ratio is 2.36, and large holders’ positions are at 0.73. Retail traders are bullish, while major players are reducing their positions. That’s a dangerous signal: it suggests major players are selling while retail traders are buying.
If 0.044 breaks, the next level to watch is 0.04; if it holds, a rebound is still possible. CARV is a veteran project in the data sector, and this drop seems to have come out of nowhere. Profit-taking may have triggered a wave of selling. Don’t rush to buy the dip in the short term—wait for the price to stabilize first. #币安推出binanceintelligence
