Treehouse ($TREE ) has dropped by 6% in the last 24 hours, continuing its decline over the past 7 days by 15.3% and over the past 30 days by 72.4%. The main reasons are sell-offs after the airdrop, negative sentiment in the derivatives market, and an overall weakening of the crypto market.

Token distribution (airdrop) and selling pressure — recent distributions of $TREE through Binance campaigns have triggered profit-taking.

Negative backdrop in the derivatives market — negative funding rates reflect traders' skepticism about short-term growth.

Overall market weakening — the crypto market has fallen by 3% in a day, which has increased the volatility of $TREE .

The decline of TREE is due to a combination of increased token supply and general caution in the market. Although the RSI indicator (29.5) indicates oversold conditions and a potential recovery, a sustainable growth requires a decrease in selling pressure after the airdrop and an improvement in sentiment in the derivatives market.#Tteehouse @Treehouse Official