24-hour top 5 losers:
No.1 $ZEREBRO -30.40%
No.2 $CT -14.55%
No.3 $STBL -12.48%
No.4 NXPC -11.98%
No.5 ZRO -11.85%
When reading the losers list, I distinguish between two scenarios:
① An individual coin is leading the decline: there’s probably some negative news or event behind it, so find out what happened first.
② Several coins from the same sector appear together: this usually means sentiment is fading, and a recovery will have to wait until the broader market stops falling.
$ZEREBRO is leading the decline, down 30.4%. The rebound could be sharp, but a rebound ≠ a bottom.
No.1 $ZEREBRO -30.40%
No.2 $CT -14.55%
No.3 $STBL -12.48%
No.4 NXPC -11.98%
No.5 ZRO -11.85%
When reading the losers list, I distinguish between two scenarios:
① An individual coin is leading the decline: there’s probably some negative news or event behind it, so find out what happened first.
② Several coins from the same sector appear together: this usually means sentiment is fading, and a recovery will have to wait until the broader market stops falling.
$ZEREBRO is leading the decline, down 30.4%. The rebound could be sharp, but a rebound ≠ a bottom.