A note on tracking funds:
$CT 1-hour plunge of 14.77%, current price 0.3491, 24h trading volume $70.02 million.
A breakdown of the fund flows:
· The drop was concentrated in a very short one-hour period, indicating urgent selling
· The 24h change is still +6.1%, suggesting short-term investors are taking profits
· Next, watch to see whether buyers step in at lower levels; without support, the price could easily fall again
What are you most concerned about?
#CT
$CT 1-hour plunge of 14.77%, current price 0.3491, 24h trading volume $70.02 million.
A breakdown of the fund flows:
· The drop was concentrated in a very short one-hour period, indicating urgent selling
· The 24h change is still +6.1%, suggesting short-term investors are taking profits
· Next, watch to see whether buyers step in at lower levels; without support, the price could easily fall again
What are you most concerned about?
#CT