Checking in at 4 a.m. Monday, I caught two contestants taking turns in the spotlight 🎢
Binance spot data: $XPL was basking at a high of 0.0864 around noon yesterday, then got yanked down in about an hour. It’s now around 0.0718, down about 12% over 24 hours. Over 7 days, it’s only down about 1.7%—meaning it gave back a week’s gains all at once. Meanwhile, $TRUMP is up about 8% over 24 hours to around 1.70. It touched 1.778 at 10 p.m. last night, and is up about 3.3% over 7 days. $BTC is steady as if it’s dozing off, at around 77,800, up 0.3% over 24 hours and down about 3% over 7 days.
My take: while BTC moves sideways, money keeps hopping between smaller coins. The ones that rise fast often fall just as fast—XPL’s long red candle is a case in point. Before chasing the hot trend, figure out where your stop-loss is. Don’t let a single candle make the decision for you.
#加密市场 #山寨币 #周一开盘 #理性看盘 #RiskManagement
(Personal opinion only; not investment advice. DYOR)
Binance spot data: $XPL was basking at a high of 0.0864 around noon yesterday, then got yanked down in about an hour. It’s now around 0.0718, down about 12% over 24 hours. Over 7 days, it’s only down about 1.7%—meaning it gave back a week’s gains all at once. Meanwhile, $TRUMP is up about 8% over 24 hours to around 1.70. It touched 1.778 at 10 p.m. last night, and is up about 3.3% over 7 days. $BTC is steady as if it’s dozing off, at around 77,800, up 0.3% over 24 hours and down about 3% over 7 days.
My take: while BTC moves sideways, money keeps hopping between smaller coins. The ones that rise fast often fall just as fast—XPL’s long red candle is a case in point. Before chasing the hot trend, figure out where your stop-loss is. Don’t let a single candle make the decision for you.
#加密市场 #山寨币 #周一开盘 #理性看盘 #RiskManagement
(Personal opinion only; not investment advice. DYOR)
