Recently, the market has shown a significant downward trend. According to spot trading data, multiple coins are experiencing a considerable pullback.
Among them, MIRA performed the worst, with a 24-hour pullback of 22.02%, the steepest drop. Other coins also suffered – ICP and AI both fell over 6%, reporting pullbacks of 6.79% and 6.67% respectively; LSK dropped even more, sliding 11.61% in 24 hours; PORTAL also did not escape, hitting a low for today with a pullback of 6.33%.
Many coins have also shown characteristics of a “pullback”. The three varieties WOO, REZ, and ACT have all followed this rhythm, with declines fluctuating between 6% and 8%, among which REZ's 8.26% decline is relatively large.
Overall, this round of adjustment has a wide coverage, including both coins that have seen significant drops and those that have experienced moderate pullbacks, with a noticeable decline in market risk appetite.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
6
Repost
Share
Comment
0/400
WalletManager
· 13h ago
Hold tight to your chips, this fall is just testing who really has the Private Key control. I have already seen the signs of MIRA's 22% on-chain, and the rhythm of rising and falling indicates that the market maker is testing the bottom support level. This is a signal to buy low.
View OriginalReply0
fomo_fighter
· 16h ago
MIR directly experienced a big dump of 22%, who are they trying to scare?
Wait, LSK is also down 11%? I was just looking at it a couple of days ago.
This pattern of rising and falling is pretty smooth, coming around again.
This round feels a bit harsh, but it’s about time to wash it out.
ICP and AI can't escape either, it's indeed a bit painful.
View OriginalReply0
VitaliksTwin
· 16h ago
Another day of bloodbath, MIRA directly evaporated by 22%, quite brutal.
---
The pullback strength of LSK is really amazing, a 11.61% fall just like that.
---
Tired of the high and pullback, when can we see a bottom?
---
ICP and AI can't escape, with the market being like this, everyone has to go down with it.
---
The 8% fall of REZ is just ridiculous, a high followed by such a harsh drop.
---
Market risk appetite is indeed declining, feels like something is about to happen.
---
PORTAL also didn't escape, today's low point is just a pit.
---
Multiple coins dropping together, this is what they call "wide net fishing".
---
WOO is also fluctuating in the range of 6-8%, there seems to be some pattern.
---
Should I enter now or wait for the bottom? I'm a bit unsure.
View OriginalReply0
FlashLoanLarry
· 16h ago
Why is MIRA crashing so hard? Is there something wrong? Or is it just a pure play to suckers rhythm?
---
How many times has this tactic of rising and then falling been played? Every time it can trick people in, it's unbelievable.
---
LSK is down 11 points, those holding positions must be feeling terrible.
---
The whole market is declining, is a big cleanup about to happen?
---
A drop of 8 points in REZ is still relatively large? That means it could get even worse.
---
Looking at this trend, I feel like I should wait a bit longer to enter a position; catching a falling knife right now seems a bit risky.
---
ICP is falling again, I just knew it wouldn't be easy.
View OriginalReply0
DegenApeSurfer
· 16h ago
MIR directly 22%? This is going to hell... But speaking of which, isn’t this a chance to buy the dip on such big dump days?
---
The routine of rising and falling is played too smoothly, I keep falling for it every time.
---
Wait, LSK fell 11%? I remember this guy was doing great just a couple of days ago.
---
The whole market is killing it, feels like it's time to cut loss, right?
---
REZ that 8.26%... I knew it would be like this, no wonder someone shouted to escape this morning.
---
Declining risk appetite is just a signal, bear market signal is fully lit.
View OriginalReply0
MetaverseLandlord
· 17h ago
MIRA directly 50% Slump, is this the rhythm for a reorganization?
---
Another wave of Cut Loss, my ICP is still lying there...
---
LSK falls like this, does anyone really dare to buy the dip?
---
The market is so timid, it feels like it will continue to kill
---
The pattern of rising and falling has become common, who will still be fooled into it
---
This small coin PORTAL has been hit again, the fate of small coin holders
---
With this wave down, it’s time to clear out the garbage in hand
---
No way, is it going to fall again? I just entered a position with LSK yesterday
---
With REZ falling so much, will the rebound be very strong?
---
The overall downward trend is so obvious, the short positions are still not satisfied.
Significant adjustments in multiple coins, these tokens have fallen over 6% in the last 24 hours.
Recently, the market has shown a significant downward trend. According to spot trading data, multiple coins are experiencing a considerable pullback.
Among them, MIRA performed the worst, with a 24-hour pullback of 22.02%, the steepest drop. Other coins also suffered – ICP and AI both fell over 6%, reporting pullbacks of 6.79% and 6.67% respectively; LSK dropped even more, sliding 11.61% in 24 hours; PORTAL also did not escape, hitting a low for today with a pullback of 6.33%.
Many coins have also shown characteristics of a “pullback”. The three varieties WOO, REZ, and ACT have all followed this rhythm, with declines fluctuating between 6% and 8%, among which REZ's 8.26% decline is relatively large.
Overall, this round of adjustment has a wide coverage, including both coins that have seen significant drops and those that have experienced moderate pullbacks, with a noticeable decline in market risk appetite.