$CRCL PLUNGES 16% ON INDEX REMOVAL — IS THIS THE BOTTOM? 💥
That 16% drop hit hard after CRCL got booted from the Russell Growth Indexes. Passive funds are being forced to sell, and the new alliance challenging USDC's model adds another layer of pressure.
But I’m watching the bid come in. Some serious dip buyers are stepping up on this volatility. Volume is spiking and the panic selloff might be getting absorbed. The question is whether this is a dead cat bounce or the start of a recovery.
Are you averaging down or waiting for a cleaner entry?
Not financial advice. Always manage your risk.
#CRCL #SellOff #DipBuying #Crypto #MarketVolatility
💎
That 16% drop hit hard after CRCL got booted from the Russell Growth Indexes. Passive funds are being forced to sell, and the new alliance challenging USDC's model adds another layer of pressure.
But I’m watching the bid come in. Some serious dip buyers are stepping up on this volatility. Volume is spiking and the panic selloff might be getting absorbed. The question is whether this is a dead cat bounce or the start of a recovery.
Are you averaging down or waiting for a cleaner entry?
Not financial advice. Always manage your risk.
#CRCL #SellOff #DipBuying #Crypto #MarketVolatility
💎