The broader market fell just 2.1%, while $STRK dropped 8.9% on its own—and did so as trading volume sank to 0.44 times its 7-day average.
A volume of 23.7M drove this drop, with the current price at 0.07832, near the 13% mark of the range—buy-side liquidity is so thin that it takes little effort to push the price down. The average trade size is just 60 USDT, only 0.31 times the cohort median, basically small retail orders stepping on each other.
My line is at 0.07661: if it holds, this is a low-volume shakeout; if it breaks, that would mark the next leg of the trend.
A volume of 23.7M drove this drop, with the current price at 0.07832, near the 13% mark of the range—buy-side liquidity is so thin that it takes little effort to push the price down. The average trade size is just 60 USDT, only 0.31 times the cohort median, basically small retail orders stepping on each other.
My line is at 0.07661: if it holds, this is a low-volume shakeout; if it breaks, that would mark the next leg of the trend.