$INIT QUICK REPORT:

* 24-hour trading volume:

* The volume of INIT traded is 125.81 million.

* The corresponding volume in USDT is 109.12 million.

The trading volume is quite high, indicating market interest in this pair.

* Chart trend: The chart shows a strong price increase previously, followed by a correction, and the price is currently showing a slight downtrend in the recent period (the red segment at the end of the chart).

* Order book: The buy/sell ratio in the order book is 45.74% (Buy) compared to 54.26% (Sell). This indicates that selling pressure is slightly higher than buying pressure at the time of the screenshot.

* Classification: INIT is classified as "Class 1 / New Class 2", which may refer to the project's classification or the exchange listing.

In summary: At the time of observation, INIT/USDT is showing a slight downtrend in the past 24 hours after reaching a high near $1. The large trading volume indicates liquidity, and current selling pressure is slightly higher than buying pressure. Investors should closely monitor price and volume movements in shorter time frames to make decisions.