The bulls and bears are already arguing over this one. Circle $CRCL fell 7.34% in a day, with the OKX futures price at 69.65—not far from the 24-hour low of 65.01.
The Nasdaq 100 is also down 3.78% today, and the whole U.S. tech sector is sliding. This red candle isn’t just a Circle problem. Those holding it are probably wondering whether this dip was caused by panic selling—or whether the market is repricing the stock.
I’d rather sit tight for now: after such a sharp drop, both chasing a bounce and selling into the decline could leave you getting hit from both sides. But if it gets back above the 24-hour high around 75.69, I’ll change my mind immediately—that would mean today’s red candle was just a false alarm.
If it can’t hold 65.01, how much further do you think it could fall?
#美股 #Circle
The Nasdaq 100 is also down 3.78% today, and the whole U.S. tech sector is sliding. This red candle isn’t just a Circle problem. Those holding it are probably wondering whether this dip was caused by panic selling—or whether the market is repricing the stock.
I’d rather sit tight for now: after such a sharp drop, both chasing a bounce and selling into the decline could leave you getting hit from both sides. But if it gets back above the 24-hour high around 75.69, I’ll change my mind immediately—that would mean today’s red candle was just a false alarm.
If it can’t hold 65.01, how much further do you think it could fall?
#美股 #Circle