On-chain transfer volume collapses first, and the price only then loses support. After a ruble-pegged token was hit by drones, daily transfers fell to just 61, interest payments stopped, and support channels went offline—the market-making depth disappeared and spreads widened sharply. Any rebound in these conditions is likely a liquidity trap.
Current prices: UNI at 6.91, down 6.3% over 24 hours; NOT at 0.000408, down 8.5% over 24 hours. Volume and price are both weakening, so don’t try to catch a falling knife. There’s just one rule of thumb: if transfer counts and trading volume are shrinking together, get out first; wait for volume to recover before considering an entry. #UNI #NOT
Current prices: UNI at 6.91, down 6.3% over 24 hours; NOT at 0.000408, down 8.5% over 24 hours. Volume and price are both weakening, so don’t try to catch a falling knife. There’s just one rule of thumb: if transfer counts and trading volume are shrinking together, get out first; wait for volume to recover before considering an entry. #UNI #NOT