24-hour top 5 losers:
No.1 $Q -44.31%
No.2 $AKE -33.73%
No.3 $BTW -24.95%
No.4 INTWB -23.61%
No.5 BLESS -21.69%
When looking at the biggest losers, I distinguish between two scenarios:
① An individual coin is leading the decline: this is often due to an event such as token unlocks, so first find out what happened;
② The whole sector is falling: this is usually a loss of momentum in market sentiment, and any rebound will have to wait for the broader market to stabilize.
The top loser, $Q , is down 44.31%. The rebound could be sharp, but a rebound ≠ a reversal.