沐舟说币
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Friends in the crypto world, pay attention! Today, 70046681706 took a sharp dive, plummeting by 78.78%. Looking at the price chart, the previous large bearish candle that pushed the price down was simply breathtaking.
I've always thought that the volatility in the crypto world is high, but this drop exceeded expectations. From a technical standpoint, indicators like MA and EMA have all gone haywire, and the RSI value is very low, indicating short-term overselling. Although the MACD shows signs of a golden cross, the recovery path after such a sharp decline is likely to be challenging.
In the crypto world, you have to get used to this kind of excitement, but you also need to stay alert to the risks.
This time, the ZKJ crash has probably taught a harsh lesson to both those who chased the high and those who held positions. I remind myself to be more cautious in future operations; with such extreme market conditions, no one can predict when it will happen again. Preserving capital is the key; don't let the market's drastic ups and downs wear you out!
For valuable insights in the crypto world, click on my profile to follow me for more information, hundredfold potential coin deployments, and daily spot strategies!
I've always thought that the volatility in the crypto world is high, but this drop exceeded expectations. From a technical standpoint, indicators like MA and EMA have all gone haywire, and the RSI value is very low, indicating short-term overselling. Although the MACD shows signs of a golden cross, the recovery path after such a sharp decline is likely to be challenging.
In the crypto world, you have to get used to this kind of excitement, but you also need to stay alert to the risks.
This time, the ZKJ crash has probably taught a harsh lesson to both those who chased the high and those who held positions. I remind myself to be more cautious in future operations; with such extreme market conditions, no one can predict when it will happen again. Preserving capital is the key; don't let the market's drastic ups and downs wear you out!
For valuable insights in the crypto world, click on my profile to follow me for more information, hundredfold potential coin deployments, and daily spot strategies!
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