#SQD
SQD dropped from 0.038 to 0.038 to 0.032, a drop of 1.4% over 7 days, and a drop of 14.6% over 24 hours. Some people are asking "Can we catch the bottom?".
Let me show you a number: Market cap 33.32 million, OI 33.32 million, OI 3.55 million, liquidations in 24 hours $23,000. Longs and shorts haven't taken off.
A drop of 1.4% over 7 days, and a drop of 14.6% over 24 hours. This is a crash, the market maker is dumping.
Subsquid is a data indexing project, the fundamentals are okay. But if you go in now, you're catching a falling knife.
If you've leveraged up, hurry and reduce your position; if you have idle cash, just watch. A 14.6% drop in a data indexing project is not a correction, it's called a liquidity crisis.
Don't be scared by the 14.6% drop. Do you think it can rebound to $0.04? Don't catch the bottom.
Follow-up attention: $0.03 support level, data indexing ecosystem, liquidity recovery
⚠️ The above content does not constitute investment advice, the cryptocurrency market is highly volatile, please make rational judgments.
$SQD
SQD dropped from 0.038 to 0.038 to 0.032, a drop of 1.4% over 7 days, and a drop of 14.6% over 24 hours. Some people are asking "Can we catch the bottom?".
Let me show you a number: Market cap 33.32 million, OI 33.32 million, OI 3.55 million, liquidations in 24 hours $23,000. Longs and shorts haven't taken off.
A drop of 1.4% over 7 days, and a drop of 14.6% over 24 hours. This is a crash, the market maker is dumping.
Subsquid is a data indexing project, the fundamentals are okay. But if you go in now, you're catching a falling knife.
If you've leveraged up, hurry and reduce your position; if you have idle cash, just watch. A 14.6% drop in a data indexing project is not a correction, it's called a liquidity crisis.
Don't be scared by the 14.6% drop. Do you think it can rebound to $0.04? Don't catch the bottom.
Follow-up attention: $0.03 support level, data indexing ecosystem, liquidity recovery
⚠️ The above content does not constitute investment advice, the cryptocurrency market is highly volatile, please make rational judgments.
$SQD