Top 5 contracts by 24-hour decline:
$AKE -27.72%; $TRUTH -22.17%; $APR -17.86%; PONS -12.80%; BTW -10.98%
When reading the decliners list, I distinguish between two situations:
① An individual coin is leading the decline: this often involves an event such as an unlock, so first find out what happened.
② Several coins in the same sector appear together: this often signals sentiment-driven selling, and a recovery will have to wait until the broader market stops falling.
The top-ranked coin, $AKE -27.72%, is still within a normal range of decline. For now, watch to see whether support holds.
$AKE -27.72%; $TRUTH -22.17%; $APR -17.86%; PONS -12.80%; BTW -10.98%
When reading the decliners list, I distinguish between two situations:
① An individual coin is leading the decline: this often involves an event such as an unlock, so first find out what happened.
② Several coins in the same sector appear together: this often signals sentiment-driven selling, and a recovery will have to wait until the broader market stops falling.
The top-ranked coin, $AKE -27.72%, is still within a normal range of decline. For now, watch to see whether support holds.