ARX was seen as a promising coin yesterday, but today it plummeted by 31%. Market sentiment shifts too quickly; those retail traders who chased the price are probably feeling the pain right now. Honestly, the project team behind this new coin has way too much control, making it tough for regular players to compete. For those who shorted yesterday, it’s time to gradually lock in some profits. Don’t be greedy; leave a bit of your base for potential gains. If you close everything and it keeps dropping, you might regret it. In this kind of market, staggered trades are the safest bet. For those who haven’t made a move yet, entering at this point feels a bit awkward. Shorting carries the risk of a bounce, while going long is against the downward trend. Better to wait and see; let the candlestick patterns give a clear signal before jumping in. The crypto space is full of opportunities; what it lacks is patience.