This is when the price of a token gets stuck at a critical level of support or resistance (in this case 666), and traders fear it might crash sharply downwards or forever 'get stuck' in sideways movement — like a loop tightening ever more.
🚨 Why is 666 a special number?
• For many, it is a mystical or 'devilish' symbol that provokes panic.
• In trading, it is often perceived as a psychological barrier.
• There are many memes and jokes circulating in social media and crypto community chats related to this number.
🐱💻 Our cat NaBitok says:
"Don't panic over numbers! Real crypto players look at fundamentals and prospects, not superstitions. 666 is just a number, and the price is a game of forces in the market."
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