🐳 Top 5 contracts by 24-hour decline:
No.1 $TRUTH -28.08%
No.2 $BTW -22.19%
No.3 $SPORTFUN -19.77%
No.4 APR -14.95%
No.5 BR -10.61%
A sharp drop like $TRUTH ’s (-28.08%) is usually accompanied by a cascade of stop-losses on leveraged long positions. Keep an eye on whether funding rates and open interest are falling. A genuine stabilization may only come after the shakeout.
No.1 $TRUTH -28.08%
No.2 $BTW -22.19%
No.3 $SPORTFUN -19.77%
No.4 APR -14.95%
No.5 BR -10.61%
A sharp drop like $TRUTH ’s (-28.08%) is usually accompanied by a cascade of stop-losses on leveraged long positions. Keep an eye on whether funding rates and open interest are falling. A genuine stabilization may only come after the shakeout.