$US 1-hour drop of 15.63%, at 0.01861, with a 24h range of 0.01753 ~ 0.0292.
After a sharp move, there is often a period of consolidation. How the market consolidates can influence the direction of the next move.
A sharp drop doesn’t necessarily mean the trend has deteriorated; the daily chart structure should also be considered.

#US

For record-keeping and sharing only. This is not investment advice.