Top 5 contracts by 24-hour losses:
$AIN -53.75%; $JCT -44.53%; $ELSA -19.67%; PONS -16.49%; EVAA -15.72%
I interpret the biggest losers list in two ways:
① An individual coin plunges: there's usually a reason, such as negative news. First find out what happened.
② Several coins in the same sector make the list: this often means funds are flowing out, and any recovery will have to wait until the sector stabilizes.
The top loser, $AIN , is down 53.75%. The drop is so steep that a rebound could be sharp, but a bounce ≠ a bottom.
I'm just sharing my opinion; this is not investment advice.
$AIN -53.75%; $JCT -44.53%; $ELSA -19.67%; PONS -16.49%; EVAA -15.72%
I interpret the biggest losers list in two ways:
① An individual coin plunges: there's usually a reason, such as negative news. First find out what happened.
② Several coins in the same sector make the list: this often means funds are flowing out, and any recovery will have to wait until the sector stabilizes.
The top loser, $AIN , is down 53.75%. The drop is so steep that a rebound could be sharp, but a bounce ≠ a bottom.
I'm just sharing my opinion; this is not investment advice.
