Watch the money, not the talk:
Top 24-hour decliners among futures:
1) $ZEREBRO -26.19%
2) $ICNT -18.41%
3) $CT -16.79%
4) SIREN -14.39%
5) US -12.43%
Hot money is fleeing these coins, with $ZEREBRO falling the hardest at -26.19%. Next, watch for two signals: whether large investors are buying at lower levels, and whether trading volume starts to contract. Only when both happen can we say the decline has stopped.
This could be wrong, too—don't take it as advice.
Top 24-hour decliners among futures:
1) $ZEREBRO -26.19%
2) $ICNT -18.41%
3) $CT -16.79%
4) SIREN -14.39%
5) US -12.43%
Hot money is fleeing these coins, with $ZEREBRO falling the hardest at -26.19%. Next, watch for two signals: whether large investors are buying at lower levels, and whether trading volume starts to contract. Only when both happen can we say the decline has stopped.
This could be wrong, too—don't take it as advice.