#美联储降息 $JCT's positioning is actually very clear—on-chain payments combined with small-scale ecosystem tools. Its core selling points are being lightweight, fast, and low-cost. Earlier, it indeed attracted many people with its hot concept, and its popularity grew as well. But the problem is that this market cap is relatively small, and liquidity can't keep up. Once the market fluctuates, it tends to amplify the movements.
This recent sharp decline was influenced by several obvious factors:
First, the previous gains were too steep. After a large influx of short-term traders, they all need to find an exit, which results in a sudden surge of selling pressure at high levels.
Second, trading volume has been declining from its peak—this is a warning sign. It indicates that the subsequent buying support is severely lacking, and few are willing to buy in again.
Third, looking at the 4-hour candlestick chart, the trend is very weak, with no momentum for a rebound. This is a typical "rebound then crash" bearish pattern.
If you're still struggling to choose which coin to invest in or worried about missing out or being trapped, instead of overthinking, try looking at the problem from a different perspective. Sometimes, the market's answer is right there in the charts and data.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
4
Repost
Share
Comment
0/400
WalletDoomsDay
· 12-12 07:41
Small market cap and poor liquidity, this is a ticking time bomb. No wonder it collapses at the slightest touch.
View OriginalReply0
DegenWhisperer
· 12-12 07:28
Small caps are just like this; once the hype passes, the true nature is revealed. Trading volume can't deceive people.
View OriginalReply0
NotFinancialAdvice
· 12-12 07:28
Small market, low liquidity, it disperses at the slightest breeze... This is the fate of small coins.
View OriginalReply0
ApeWithNoChain
· 12-12 07:13
Small-cap liquidity is poor like this; once the hype fades, people run away, and no one is willing to take the other side.
#美联储降息 $JCT's positioning is actually very clear—on-chain payments combined with small-scale ecosystem tools. Its core selling points are being lightweight, fast, and low-cost. Earlier, it indeed attracted many people with its hot concept, and its popularity grew as well. But the problem is that this market cap is relatively small, and liquidity can't keep up. Once the market fluctuates, it tends to amplify the movements.
This recent sharp decline was influenced by several obvious factors:
First, the previous gains were too steep. After a large influx of short-term traders, they all need to find an exit, which results in a sudden surge of selling pressure at high levels.
Second, trading volume has been declining from its peak—this is a warning sign. It indicates that the subsequent buying support is severely lacking, and few are willing to buy in again.
Third, looking at the 4-hour candlestick chart, the trend is very weak, with no momentum for a rebound. This is a typical "rebound then crash" bearish pattern.
If you're still struggling to choose which coin to invest in or worried about missing out or being trapped, instead of overthinking, try looking at the problem from a different perspective. Sometimes, the market's answer is right there in the charts and data.