Yesterday’s heroes are today’s liquidation board. 💀
🔻 $CYS : -49.33%
🔻 $ACE : -41.20%
🔻 $APR : -38.59%
The interesting part is that all three recently had reasons for traders to get excited.
CYS had major exchange momentum after its Upbit listing helped fuel a huge rally, plus additional listings and recent Cysic product updates. Now almost half the price has disappeared in one session. The news stayed bullish, the late entries did not.
ACE recently surged after Bitget PoolX added an ACE campaign with a 110,000 ACE reward pool. That catalyst helped ignite the pump, but today’s 41% drop is a reminder that rewards do not protect a parabolic chart from profit taking.
APR might be the funniest one. Capricorn recently confirmed a buyback involving 5.3% of total APR supply, which helped trigger a huge rally and short squeeze. Days later, APR is down almost 39%. Good news attracted buyers, then volatility collected the entrance fee.
Three different catalysts.
Same ending for anyone who arrived after the vertical candles.
Which one would you trust to bounce first?
CYS, ACE or APR? 👀👇
🔻 $CYS : -49.33%
🔻 $ACE : -41.20%
🔻 $APR : -38.59%
The interesting part is that all three recently had reasons for traders to get excited.
CYS had major exchange momentum after its Upbit listing helped fuel a huge rally, plus additional listings and recent Cysic product updates. Now almost half the price has disappeared in one session. The news stayed bullish, the late entries did not.
ACE recently surged after Bitget PoolX added an ACE campaign with a 110,000 ACE reward pool. That catalyst helped ignite the pump, but today’s 41% drop is a reminder that rewards do not protect a parabolic chart from profit taking.
APR might be the funniest one. Capricorn recently confirmed a buyback involving 5.3% of total APR supply, which helped trigger a huge rally and short squeeze. Days later, APR is down almost 39%. Good news attracted buyers, then volatility collected the entrance fee.
Three different catalysts.
Same ending for anyone who arrived after the vertical candles.
Which one would you trust to bounce first?
CYS, ACE or APR? 👀👇