Three days of bloodshed, the entire sector dives! FARTCOIN makes a comeback, who is swimming naked this time?
In the past 72 hours, the crypto market has entered 'fire sale mode'—dropping for three consecutive days, the entire sector has been pressed down.
Bitcoin has pulled back to $100,000, down nearly 3%.
Ethereum has fallen below $2,400, with a single-day crash of over 7%.
The meme tokens are the worst hit, with TRUMP and PEPE being halved by 10%, while FARTCOIN surprisingly surged by 8.34%, which is simply outrageous enough to make one laugh.
Other sectors have also collapsed across the board:
Layer 2 has been hammered, with ARB plummeting by 9.46%.
CeFi, DeFi, and PayFi are all completely stalled, with LINK and AAVE dropping more than 8% at most.
KTA, which had taken off a few days ago, has also cooled down, crashing -14% within a day.
The ssi sector index is also unbearable to watch: the Meme, Layer 2, and NFT sector indices have respectively dropped over 6.9% in 24 hours, with a somber mood prevailing.
But here comes the question: is it a washout? A real collapse? Or a setup for the next wave of 'runaway'?
The shadow of FTX has not dissipated, and there is only a chain of emotional fluctuations from giant whales separating FOMO and a waterfall.
At this moment, the best thing to do is to stay calm—don’t just focus on prices, pay attention to on-chain data and sector rotation rhythms; wherever the funds go, opportunities will follow.
Which main line do you still believe can stop the bleeding and launch a counterattack first? Feel free to share your predictions in the comments section.
