$INIT Past day: -48.4%; last four hours: -12.2%, while BTC rose +1.0% over the same period｜Bearish ↓
Previously I was bullish; this time I’ve revised my view to bearish: INIT’s decline over the four-hour period was clearly greater than BTC’s gain, and it also posted a steeper drop over the past day, making its short-term relative weakness more significant. This assessment is limited to relative performance and does not infer the cause of the decline.
Two-hour view｜Reference price and review time are shown in the chart
Previously I was bullish; this time I’ve revised my view to bearish: INIT’s decline over the four-hour period was clearly greater than BTC’s gain, and it also posted a steeper drop over the past day, making its short-term relative weakness more significant. This assessment is limited to relative performance and does not infer the cause of the decline.
Two-hour view｜Reference price and review time are shown in the chart
