1-hour top 5 losers:
$AIN -25.42%; $ZRO -3.02%; $JCT -2.67%; BMT -2.47%; MEGA -2.42%
I interpret the list of biggest losers in two ways:
① An individual coin plunges: there’s often a reason, such as negative news. Find out what happened first;
② Several coins in the same sector make the list: this usually signals fading sentiment, so wait for the broader market to stabilize before expecting a rebound.
The top loser, $AIN -25.42%, is within the usual range. First, watch to see whether it can hold support.
$AIN -25.42%; $ZRO -3.02%; $JCT -2.67%; BMT -2.47%; MEGA -2.42%
I interpret the list of biggest losers in two ways:
① An individual coin plunges: there’s often a reason, such as negative news. Find out what happened first;
② Several coins in the same sector make the list: this usually signals fading sentiment, so wait for the broader market to stabilize before expecting a rebound.
The top loser, $AIN -25.42%, is within the usual range. First, watch to see whether it can hold support.
