【STRK’s early warning sign: a high-volume drop, not a bottoming bell】
STRK is down 26% over 7 days, but just 0.9% over 24 hours, while trading volume has topped 5% of its market cap. Volume exploded first, but the price hasn’t continued to collapse. The FGI is at 68, and the broader market is still greedy. A weak coin trading on high volume in a strong market looks more like intense two-way trading than a completed handoff of capital.
I saw the idea that “once it’s fallen enough, that’s a reason to believe” back in 2017. A 99% drawdown only means it’s cheap; it doesn’t prove value, let alone that the business model works. Volume only tells you that tokens are changing hands; it doesn’t tell you who’s buying.
In practical terms: for existing positions, first
STRK is down 26% over 7 days, but just 0.9% over 24 hours, while trading volume has topped 5% of its market cap. Volume exploded first, but the price hasn’t continued to collapse. The FGI is at 68, and the broader market is still greedy. A weak coin trading on high volume in a strong market looks more like intense two-way trading than a completed handoff of capital.
I saw the idea that “once it’s fallen enough, that’s a reason to believe” back in 2017. A 99% drawdown only means it’s cheap; it doesn’t prove value, let alone that the business model works. Volume only tells you that tokens are changing hands; it doesn’t tell you who’s buying.
In practical terms: for existing positions, first