This drop is a bit brutal at dawn—everything is turning red.
Brothers outside Bitcoin are collectively diving:
NEAR is the worst off, down directly -15.24%—now at $4.59, it’s down so hard you don’t even recognize it
INJ can’t hold up either, -9.83%, at $6.81
RENDER is -8.26%, at $1.87
UNI is -6.69%, at $7.31
TAO is -6.83%, at $270.2
Even the majors aren’t doing any better:
ETH -4.10%, at $2472
BNB -5.20%, at $732
SOL -5.81%, at $109.6
ARB -6.24%, LINK -6.01%, SUI -6.47%, RUNE -5.41%—they’re all getting hit.
Altcoins are falling harder than the majors—clearly, capital is withdrawing. In this situation don’t rush to bottom-fish. The knife is still dropping, and catching falling knives can cut your hand. Watch and wait first, then act when signs of stabilization show up.
Brothers outside Bitcoin are collectively diving:
NEAR is the worst off, down directly -15.24%—now at $4.59, it’s down so hard you don’t even recognize it
INJ can’t hold up either, -9.83%, at $6.81
RENDER is -8.26%, at $1.87
UNI is -6.69%, at $7.31
TAO is -6.83%, at $270.2
Even the majors aren’t doing any better:
ETH -4.10%, at $2472
BNB -5.20%, at $732
SOL -5.81%, at $109.6
ARB -6.24%, LINK -6.01%, SUI -6.47%, RUNE -5.41%—they’re all getting hit.
Altcoins are falling harder than the majors—clearly, capital is withdrawing. In this situation don’t rush to bottom-fish. The knife is still dropping, and catching falling knives can cut your hand. Watch and wait first, then act when signs of stabilization show up.