$JCT This token is designed for on-chain payments and small ecological tools, focusing on "lightweight, fast, and low transaction fees" application scenarios. Previously, it gained popularity due to its themes and emotional fervor. However, its market cap is small, and liquidity is average, so every market fluctuation gets magnified.
This drop has several obvious reasons:
First, the previous rise was too rapid; many short-term investors rushed in and had to find positions to cash out, leading to concentrated selling pressure at high levels;
Second, trading volume has been shrinking since the peak, indicating a lack of follow-up buying, and no one is willing to take over;
Third, the 4-hour chart is very weak, with rebounds lacking momentum, representing a typical bearish structure of "any rebound gets smashed."
If you are still anxious about which token to invest in during the current market, or if you are feeling emo about missing out or being trapped, stop overthinking it! Chatroom speed
