#积分策略 How are the points calculated now, If I score 9 points a day, I can just maintain my score, If I don't score for a day, I lose 9 points, and if I score 8 points, I still lose one point. It's so difficult.
The sharp decline of ACT coin is mainly triggered by the following reasons!!!
After reading, you will know why it crashed!!!
1. Adjustment of contract rules by A&A triggered a chain reaction
Binance exchange has adjusted the position limits and leverage multiples for several USD-denominated perpetual contracts, including ACTUSDT. This rule change forced market makers who relied on high leverage to actively liquidate long positions.
The decline in contract market prices and the widening of the spot market price difference led to the intervention of arbitrage bots, further amplifying the selling pressure, ultimately causing the spot price to plummet.
2. Liquidation of long positions and market panic According to Coinglass data, the liquidation amount of ACT contract long positions exceeded 7 million USD, while other altcoins faced nearly 8 million USD in liquidations.
A large number of forced liquidations triggered a chain reaction in the market, exacerbating investor panic selling, resulting in a situation of "double kill" for spot and contract.
3. Overall fragility of the Meme coin market As a type of Meme coin, ACT itself has high volatility and speculative attributes. During this sharp decline, multiple Meme coins (such as DEXE, DF, etc.) also dropped synchronously, with declines generally exceeding 15%-50%, reflecting the market's collapse of short-term confidence in high-risk assets.
4. Technical sell-off and bot operations A large volume of sell orders flooded the market in a short period, leading to a surge in trading volume. Arbitrage bots accelerated the vicious cycle of price decline by capturing the price differences between contracts and spot.
Supplementary background - Previously, ACT had experienced severe fluctuations due to developer sell-offs (November 2024) and whale manipulation (November 2024).
However, this incident is directly related to the adjustment of Binance's rules and falls under systemic risks triggered by market mechanisms.
The adjustment of the minimum order quantity for SOL USDT contracts by Binance may indirectly affect market liquidity and exacerbate volatility.
The core reason for this sharp decline is the technical sell-off triggered by Binance's contract rule adjustments, compounded by the high speculative nature of the Meme coin market, ultimately forming a short-term liquidity crisis.
It is still necessary to remain vigilant about the impact of exchange policy changes on the contract market, especially in a high-leverage environment.
Many friends chose to buy the dip of ACT after this wave of sharp decline. $ACT
Take care of the plane well, but don’t take my local dog to fly.
西安最后一个币友
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#Tut
To be honest, over the years, I haven't had a good impression of the Bsc chain. It feels like a professional chain for Pi Yao, carpets, and honey pots... It's just a bit stronger than the Arb second-layer network...
In my impression, those who play Bsc and build Bsc are almost all Chinese market makers.
The efforts of He Xiangu and the couple this time to make Bsc great again are quite exhausting...
I guess everyone had surprises and unexpected outcomes from this voting, the surprise being 714, Banana Man, and Mubarak are expected to be on the spot... The unexpected part is that the increase isn't substantial enough, and the good news is fleeting... I believe the most surprising for everyone is that Tut is on the spot, about to hit zero, with an instant super reversal...
It reminded me of the déjà vu of the last small neiro; actually, I also entered at the bottom of small neiro, but later took some profits and sold it. During that cycle, most of the earth dogs only had contracts, but small neiro was listed, which was unexpected. Later, I realized that An An has been focusing on centralized markets for all these years... Tut is that small neiro; none of you expected much from it, but it was listed because of its low market value, which also gives the highest return rate... How many brothers bet right...? To the brothers who bet right, congratulations and may you prosper...😌😌😌
The Trump family's project has purchased Move coins, which are expected to launch their mainnet at the end of February or early March. It was previously suggested to buy at the bottom or switch investment targets; currently, it is advisable to continue holding, with a target price of around $0.85.
Last night's analysis mentioned that "it is not advisable to cut losses on altcoins; after several negative factors have played out, they are close to the bottom." From today's market performance, this judgment appears to be quite accurate, as many altcoins have started to rebound. $MOVE #山寨币热点 #山寨大涨