$UNI This afternoon, it got pushed down another notch.
When I wrote about it in the early hours of the day before yesterday, it was at 6.965, just barely below 7.0. I said it never managed to stay above that level.
This time, it didn’t even get stuck there. Last night, it first broke below 7.0, plunged to around 6.6, then spent most of the day grinding between 6.6 and 6.8. Just as I started thinking, "It’s forming a bottom," a huge red candle came crashing through in the past hour, taking it to 6.441—a drop of more than 3% in one hour.
It’s now 3 p.m., and at 6.461.
From 7.245, it fell as much as 11.1%. That’s even lower than last Friday’s low of 6.587.
The hardest part is that each rebound over the past few days has peaked lower than the last: 7.82, 7.24, 7.06—and now it can’t even reach 7.
Breaking below the previous low is one of the most nerve-racking things: the bottom you thought you’d found gets broken through again.
Did you manage to buy in around 6.4, or are you like me, watching it sink lower and lower, afraid to make a move?
#uniswap #UNI #比特币连续五周下跌 #Crypto market liquidations hit $1.16 billion in 24 hours
When I wrote about it in the early hours of the day before yesterday, it was at 6.965, just barely below 7.0. I said it never managed to stay above that level.
This time, it didn’t even get stuck there. Last night, it first broke below 7.0, plunged to around 6.6, then spent most of the day grinding between 6.6 and 6.8. Just as I started thinking, "It’s forming a bottom," a huge red candle came crashing through in the past hour, taking it to 6.441—a drop of more than 3% in one hour.
It’s now 3 p.m., and at 6.461.
From 7.245, it fell as much as 11.1%. That’s even lower than last Friday’s low of 6.587.
The hardest part is that each rebound over the past few days has peaked lower than the last: 7.82, 7.24, 7.06—and now it can’t even reach 7.
Breaking below the previous low is one of the most nerve-racking things: the bottom you thought you’d found gets broken through again.
Did you manage to buy in around 6.4, or are you like me, watching it sink lower and lower, afraid to make a move?
#uniswap #UNI #比特币连续五周下跌 #Crypto market liquidations hit $1.16 billion in 24 hours
