【BitPush】Spot market experiences a clear correction. FIS leads the decline, dropping over 22% in 24 hours, hitting the lowest point of the day. This wave of decline has triggered a chain reaction among other tokens—AXL and PHB also couldn’t escape, hitting new lows for the day and week respectively, with declines of 7.96% and 7.17%.
The performance of BAT and USTC is a typical “high open, low go,” falling back from the top, with declines of 5.53% and 5.95%. It seems market sentiment has shifted.
But not all is pessimistic. WAN has recently shown steady movement, with a slight short-term correction of about 5%. In contrast, SOMI has demonstrated a different rhythm—after hitting the bottom, it rebounded, gaining 5.1%, indicating some funds are accumulating at low levels. Overall, the market is in a state of divergence, and investors should closely monitor the support levels of various tokens.
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ShitcoinArbitrageur
· 17h ago
FIS's drop is incredible, dropping 22% directly through, is anyone still buying the dip?
SOMI is a bit interesting; the rebound from the low suggests whales are accumulating.
This wave of divergence is too obvious; it feels like we need to carefully select a few targets to focus on.
AXL and PHB both tanked, the coordinated effect is causing a mental breakdown.
Let's wait and see if SOMI can continue to rise; the support at the low indicates there is still hope.
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LiquidatedNotStirred
· 12-17 17:14
FIS drops 22% I really can't hold it anymore, is this damn playing free fall... But speaking of SOMI rebounding, I'm a bit tempted. Buying the dip at low levels really works every time.
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NotGonnaMakeIt
· 12-17 04:08
FIS's way of dropping is really incredible... Dropping 22% straight to the bottom, is this to wipe out retail investors?
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StableNomad
· 12-17 04:02
fis down 22%? honestly that's giving UST flashbacks... statistically speaking, when you see that kind of cascade it usually means smart money already peaced out. but ngl the fact that somi managed a bounce back is *slightly* less depressing. risk-reward looking rough rn tbh
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FalseProfitProphet
· 12-17 03:57
FIS breaks through directly, this pace is a bit fierce
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Again, this kind of divergence market, really exhausting
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SOMI is bottom-fishing, the bottom-fisher has appeared
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22% directly blows up your mentality, luckily I didn't get on the train
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If the support level breaks again, I really have to clear all positions
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The most annoying phase of divergence, you never know which will rebound
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WAN this wave is so steady that I suspect it's lacking liquidity
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Just saw FIS halved, oh my god, luckily I ran early
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How many people got caught in SOMI's rebound, haha
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Market sentiment shift is just a cover, essentially still bearish
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ApeWithNoChain
· 12-17 03:49
FIS drops directly by 22%, this wave is really brutal... However, the rebound of SOMI is quite interesting, the bottom-fisher still remains.
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GasFeeWhisperer
· 12-17 03:48
FIS's drop this time is quite severe, dropping 22% directly frightening... What could be the problem? However, SOMI's rebound momentum is still decent, and there are indeed people picking up at the bottom. Let's see if it can hold up.
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SmartContractDiver
· 12-17 03:46
FIS's decline is incredible, hitting new lows... feels like it's about to break through the support level again
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Buying at low levels? That's hilarious. Who's actually taking the bait?
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The differentiation phase is a gambler's paradise. Is SOMI's rebound reliable?
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22%? Oh my god, how many people's lunch money was lost here?
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Once again opening high and closing low. I've already learned to cut and run.
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WAN is really stable. While other coins are plunging wildly, it remains unmoved.
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It's unrealistic to expect the support level to hold; there's no bottom in this wave.
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LiquidityHunter
· 12-17 03:44
FIS's 22% drop is quite sharp, directly hitting new lows. The question is how the liquidity depth is, and whether such a decline is acceptable... The 7.96% and 7.17% drops for AXL and PHB seem to be linked; we need to check if the same trading pair is having issues.
Multi-currency volatility, FIS drops over 22% to new lows
【BitPush】Spot market experiences a clear correction. FIS leads the decline, dropping over 22% in 24 hours, hitting the lowest point of the day. This wave of decline has triggered a chain reaction among other tokens—AXL and PHB also couldn’t escape, hitting new lows for the day and week respectively, with declines of 7.96% and 7.17%.
The performance of BAT and USTC is a typical “high open, low go,” falling back from the top, with declines of 5.53% and 5.95%. It seems market sentiment has shifted.
But not all is pessimistic. WAN has recently shown steady movement, with a slight short-term correction of about 5%. In contrast, SOMI has demonstrated a different rhythm—after hitting the bottom, it rebounded, gaining 5.1%, indicating some funds are accumulating at low levels. Overall, the market is in a state of divergence, and investors should closely monitor the support levels of various tokens.