The cryptocurrency market is reeling as LAYER , a prominent #DeFi token, nosedived 13.97% in a single day, crashing to $1.4283 amid wild volatility. The tokenā€™s 24-hour trading range swung violently between $1.3375 (low) and $1.9196 (high), with trading volumes hitting $62.44M in $LAYER and $105.16M in USDT pairs. Analysts are calling this a ā€œDeFi reckoningā€ as bearish momentum dominates, with the token shedding nearly 20% over recent timeframes (see 4h/1D charts). The cryptic ā€œ**BIG SIGNAL**ā€ label on the chart hints at algorithmic warnings, while the 9.98% depth metric suggests thinning liquidity. Is this a temporary shakeout or a deeper correction? Traders brace for turbulence!

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