📉 How quickly the landscape changes among the most volatile coins: after the rally at the start of the week, $INIT is down 33.4% today to $0.13065.
📌 3 market stats today (pairs with >$20M in volume on Binance):
• INIT has traded $25.2M in 24 hours (6.9 times its daily average), is down 38.6% over the last 6 4-hour candles from its peak of $0.30298, and has a very negative funding rate (−0.052%).
• Next in the declines are ENA (−7.2% to $0.1411), UNI (−5.2% to $6.122), and NEAR (−5.0% to $3.463), while $ZEC is down 0.9% ($978.73) but remains 3rd in volume across all of Binance ($169.6M).
• The only coin in the filter in the green is $GRAM (+4.1% to $1.244, with $24.7M in volume and 5.3 times its daily average). The Fear and Greed Index is down to 28 (Fear).
🔍 Why it matters: when a coin’s volume is nearly 7 times its usual level, with a daily ATR of 35.7% like INIT, moves in either direction can be extreme. There’s no confirmed news behind the reversal; these are purely market data.
Do you prefer trading coins that are trending, or sticking with the large caps when the index signals fear? 👇
#Altcoins #MercadoCripto #Cripto #Binance #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your research and trade with caution.
📌 3 market stats today (pairs with >$20M in volume on Binance):
• INIT has traded $25.2M in 24 hours (6.9 times its daily average), is down 38.6% over the last 6 4-hour candles from its peak of $0.30298, and has a very negative funding rate (−0.052%).
• Next in the declines are ENA (−7.2% to $0.1411), UNI (−5.2% to $6.122), and NEAR (−5.0% to $3.463), while $ZEC is down 0.9% ($978.73) but remains 3rd in volume across all of Binance ($169.6M).
• The only coin in the filter in the green is $GRAM (+4.1% to $1.244, with $24.7M in volume and 5.3 times its daily average). The Fear and Greed Index is down to 28 (Fear).
🔍 Why it matters: when a coin’s volume is nearly 7 times its usual level, with a daily ATR of 35.7% like INIT, moves in either direction can be extreme. There’s no confirmed news behind the reversal; these are purely market data.
Do you prefer trading coins that are trending, or sticking with the large caps when the index signals fear? 👇
#Altcoins #MercadoCripto #Cripto #Binance #Tra100d
⚠️ For informational and educational purposes only; this is not financial advice. Cryptocurrencies are volatile: do your research and trade with caution.