$STRK tops the 7-day losers list, down 49.59%. Strangely, trading activity has actually cooled over the past few days.
1. $STRK -49.59%
2. $KORUB -32.88%
3. $SOXLB -28.53%
Meanwhile, BTC has continued to rise. $STRK has clearly underperformed the broader market, so it wasn't dragged down by the big names. This move may be related to Starknet's governance vote: 99.95% of votes supported transitioning to an independent L1. The roadmap is changing, and the market voted with its feet first.
What's more worth watching is volume: 24-hour trading volume is only 0.4 times the daily average over the past 7 days, indicating declining volume. It's like a store that keeps cutting prices, yet hardly anyone shows up at the door. It's not a crowd rushing to dump their goods; there are simply fewer buyers ready to take over. Keep an eye on whether volume picks up. If it stays subdued, it means buyers are still sitting on the sidelines.
1. $STRK -49.59%
2. $KORUB -32.88%
3. $SOXLB -28.53%
Meanwhile, BTC has continued to rise. $STRK has clearly underperformed the broader market, so it wasn't dragged down by the big names. This move may be related to Starknet's governance vote: 99.95% of votes supported transitioning to an independent L1. The roadmap is changing, and the market voted with its feet first.
What's more worth watching is volume: 24-hour trading volume is only 0.4 times the daily average over the past 7 days, indicating declining volume. It's like a store that keeps cutting prices, yet hardly anyone shows up at the door. It's not a crowd rushing to dump their goods; there are simply fewer buyers ready to take over. Keep an eye on whether volume picks up. If it stays subdued, it means buyers are still sitting on the sidelines.