$JCT Past 24 hours: -52.7%; down 3.2% over fifteen minutes; most of the net decline in this period was concentrated in the last completed candle | Bearish ↓. Trading value over the same period was about 3.6 times normal.
Previously bullish, now bearish. The fifteen-minute price fell as trading activity increased, with the last completed candle accounting for most of the net decline, giving the short-term weakening a clear point of focus. I therefore see a greater chance of further short-term weakness, but the outsized contribution from the last candle also shows that the decline was uneven. The sharp drop over the past day should not be taken to mean that prices will continue falling at the same pace in the short term.
Two-hour view | Reference price and review time are shown in the chart
Previously bullish, now bearish. The fifteen-minute price fell as trading activity increased, with the last completed candle accounting for most of the net decline, giving the short-term weakening a clear point of focus. I therefore see a greater chance of further short-term weakness, but the outsized contribution from the last candle also shows that the decline was uneven. The sharp drop over the past day should not be taken to mean that prices will continue falling at the same pace in the short term.
Two-hour view | Reference price and review time are shown in the chart
