The night movers show a split market, a few names rising while the falling list stays long. 📊
In the night CoinGecko check on 2 November, TRX rose 2.21 percent, Quant rose 1.98 percent and Zcash added 1.83 percent, while NEAR fell 6.82 percent, LayerZero fell 6.11 percent and Aave fell 4.59 percent. Source: CoinGecko markets data, night 2 November. 📉 My reading is that this is selective selling, not a crash, because Bitcoin itself is only down 0.19 percent near 77,798 dollars while weaker names are being sold hard, which is exactly what a fear reading of 37 looks like when traders raise cash from their weakest positions first.
Are you buying the night leaders, or waiting for the falling names to stop first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketMovers
In the night CoinGecko check on 2 November, TRX rose 2.21 percent, Quant rose 1.98 percent and Zcash added 1.83 percent, while NEAR fell 6.82 percent, LayerZero fell 6.11 percent and Aave fell 4.59 percent. Source: CoinGecko markets data, night 2 November. 📉 My reading is that this is selective selling, not a crash, because Bitcoin itself is only down 0.19 percent near 77,798 dollars while weaker names are being sold hard, which is exactly what a fear reading of 37 looks like when traders raise cash from their weakest positions first.
Are you buying the night leaders, or waiting for the falling names to stop first? 🤔
Follow for more trades.
#Crypto #Bitcoin #FuturesTrading #TradingSignals #MarketMovers
