Top 5 contract losers over 24 hours:
$SIREN -18.70%; $Lobster -15.49%; $STBL -14.99%; ICNT -12.70%; BILL -8.82%
I read the losers list in two ways:
① A single coin plunges: there’s usually a reason, such as negative news. First figure out what happened;
② Several coins in the same sector make the list: usually, capital is flowing out, and a recovery will have to wait until the sector stops falling.
$SIREN is leading the declines at -18.7%. The drop is still within the usual range, so first watch whether it can hold support.
$SIREN -18.70%; $Lobster -15.49%; $STBL -14.99%; ICNT -12.70%; BILL -8.82%
I read the losers list in two ways:
① A single coin plunges: there’s usually a reason, such as negative news. First figure out what happened;
② Several coins in the same sector make the list: usually, capital is flowing out, and a recovery will have to wait until the sector stops falling.
$SIREN is leading the declines at -18.7%. The drop is still within the usual range, so first watch whether it can hold support.