Top 5 biggest drops in 1 hour:
· $INIT -6.31%
· $ARIA -2.71%
· $ARX -2.24%
· H -2.24%
· PARTI -1.63%
When reading the biggest losers list, I distinguish between two scenarios:
① An individual coin plunges: this is often due to an event such as large holders selling off. First find out what happened before making a judgment;
② Coins in the same sector all fall together: this is usually a sentiment-driven retreat, and any rebound will have to wait until the broader market stabilizes.
The top-ranked coin, $INIT -6.31%, is within the normal range for a drop. For now, watch whether it can hold above its previous low.
· $INIT -6.31%
· $ARIA -2.71%
· $ARX -2.24%
· H -2.24%
· PARTI -1.63%
When reading the biggest losers list, I distinguish between two scenarios:
① An individual coin plunges: this is often due to an event such as large holders selling off. First find out what happened before making a judgment;
② Coins in the same sector all fall together: this is usually a sentiment-driven retreat, and any rebound will have to wait until the broader market stabilizes.
The top-ranked coin, $INIT -6.31%, is within the normal range for a drop. For now, watch whether it can hold above its previous low.