Top 5 contracts by 24-hour decline:
· $AKE -27.22%
· $BR -24.69%
· $BTW -19.56%
· JCT -18.37%
· CTR -14.53%
When reading the decline leaderboard, I distinguish between two scenarios:
① A single coin plunges: this is often due to an event such as token unlocks. First find out the reason, then assess the situation;
② Coins in the same sector all fall together: this is usually due to sentiment turning risk-off, and any rebound will have to wait until the sector stops declining.
The top-ranked coin, $AKE -27.22%, is still within the normal range of declines. For now, watch to see whether support holds.
· $AKE -27.22%
· $BR -24.69%
· $BTW -19.56%
· JCT -18.37%
· CTR -14.53%
When reading the decline leaderboard, I distinguish between two scenarios:
① A single coin plunges: this is often due to an event such as token unlocks. First find out the reason, then assess the situation;
② Coins in the same sector all fall together: this is usually due to sentiment turning risk-off, and any rebound will have to wait until the sector stops declining.
The top-ranked coin, $AKE -27.22%, is still within the normal range of declines. For now, watch to see whether support holds.