2026-01-09 05:20:16

INJ recently showed weak performance, with a 6.44% decline over 24 hours, underperforming market expectations.

The urgent support level is the main driving force. After the critical support at $5.39 was broken, chain stop-loss orders emerged, and bearish sentiment began to spread. Meanwhile, trading volume plummeted by 38%, directly reflecting a significant lack of buying power—market participants are mostly in a wait-and-see mode.

Liquidity faces challenges. Adjustments to trading pairs on some mainstream exchanges have put pressure on INJ's trading depth, making currency turnover less smooth. On the other hand, policy uncertainties related to ETFs are also disrupting market sentiment, leading investors to prefer reducing positions and observing in this ambiguous environment.

In the short term, the rebound space after the breakdown is limited, and it is necessary to watch whether the next support below $5.39 can hold in the medium term. Signs of institutional and retail investors exiting are worth noting.

INJ1,1%

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GovernancePretender

· 20h ago

It has broken down again. Where is it really going to fall this time? --- 5.39 didn't hold, I knew it was over --- More and more people are exiting, those still trying to buy the dip are probably going to get trapped --- Liquidity is so poor, exchanges are also causing trouble, it's uncomfortable --- Wait a bit before re-entering, the current environment is too uncertain --- Institutions are all fleeing, are retail investors still sleepwalking? --- A 6.44% drop isn't a big deal, but the real question is whether the support levels can hold --- A 38% plunge in trading volume is truly terrifying, nobody wants it anymore --- Let's wait and see how the next support level performs --- This wave of bearish sentiment is spreading way too fast

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Fren_Not_Food

· 01-09 14:22

Still dropping... Can't even hold at 5.39, what’s left below? --- Trading volume plummeted 38%, indicating everyone is waiting, no one dares to buy in --- It feels like INJ is about to break its bottom, need to clarify the ETF situation --- Liquidity is so poor, it's easy to get trapped if you enter now --- Institutions have all left, are retail investors still here? Laughs --- Once 5.39 breaks, it’s a free fall, no bottom in sight --- This kind of wait-and-see atmosphere... need a signal before I dare to act --- Insufficient depth but still dare to trade? Looking for death --- What is the next support level, has anyone seen it clearly? --- The bears are so strong, the chance of a rebound is probably slim

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LiquidatorFlash

· 01-09 05:49

6.44% directly breaks through $5.39. This time it's not a rebound; it's a sign of liquidation risk being triggered. 38% trading volume decline... indicating no one dares to take the bait; retail investors have already exited. The real question is whether the next support level can hold, but I think a better question is—when will institutions start to buy the dip?

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GhostInTheChain

· 01-09 05:48

Damn, at 5.39 it broke and is still falling. This wave is really intense. The trading volume has shrunk to this level, nobody is willing to buy in. It's either liquidity issues or ETF policy uncertainties... a bunch of excuses. INJ still has to rely on itself to improve. A 38% plunge in volume? Feels like all the institutions have already run away. Is the short-term rebound limited? Then just wait for the next support level, what else can we do? Retail investors are leaving, institutions are also slipping away. Where is INJ headed? Breaking the level is just breaking the level. Keep observing, keep observing, keep observing. If this continues, who will dare to buy?

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MetaReckt

· 01-09 05:48

Once again, the breakdown has occurred. This time, I really can't hold on anymore. --- Why is the 5.39 level so stubborn? Can't hold it, retail investors probably got cut again. --- Liquidity has all dried up. Who would still dare to buy in... --- Key support broken, stop-loss orders piling up like mountains. Seeing these data points really makes me feel uneasy. --- The ETF situation has everyone panicking. Who knows how much further it will fall next. --- Trading volume plummeted by 38%? Is it really that no one wants it anymore, or are they just waiting for a rebound? --- Institutions probably already ran away, while retail investors are still holding on here. --- Has anyone calculated what the next support level might be? Feels like it might go even lower. --- This kind of trend looks too uncomfortable. In the short term, there probably isn't much hope for a rebound.

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ImpermanentPhobia

· 01-09 05:44

It dropped again... Can it rebound after breaking 5.39? --- INJ this wave is really pointless, the trading volume is dead --- Let's wait and see where the next support level is. Entering now is just catching a flying knife --- With such poor liquidity, still trying to pump the market? Dream on --- All the institutions have run away, does anyone dare to buy the dip? --- Breaking the level and stop-loss, this combo punch is too fierce --- What is the operation of adjusting trading pairs? Is the exchange cutting the leeks? --- Short-term rebound space is limited... feels like it will still fall --- ETF uncertainty is really a trap, policies are not finalized yet --- The signs of exiting are so obvious that you should clear your positions --- A 6.44% drop is nothing, I've seen it worse before

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gaslight_gasfeez

· 01-09 05:36

It dropped again, unable to hold at 5.39. This time, it's really looking uncertain. Trading volume halved? Where did all the buy orders go? No wonder it's so weak. Poor liquidity combined with policy uncertainty, definitely need to reduce positions and wait and see. Sell orders are so fierce, need to find the next support level... or it will keep falling. Are institutions also running? How much longer can retail investors hold on? The rebound space has indeed been squeezed out; there’s not much opportunity in the short term. This rhythm... is a bit like the tactics from the past two years. Wait for support to see how it goes; entering now is too risky.

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unrekt.eth

· 01-09 05:33

Dropped again, INJ really underperformed this time. Breaking 5.39 and still looking to go lower? Better wait and see. Trading volume plummeted by 38%—that's pretty intense; buying interest is really weak. Too many sellers, no one dares to buy. Wait for the next support level; it's a bit nerve-wracking to take the plunge now. After breaking the level, how much room is there for a rebound? It feels like the volatility will continue. Institutions are all fleeing; this signal isn't very good.

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FalseProfitProphet

· 01-09 05:23

Did it drop below 5.39 again? This time it's really a bit risky... Trading volume plummeted by 38%, indicating no one wants to take the bait. Can it hold above 5.39? It feels a bit dangerous. Institutions are fleeing, retail investors are also leaving, who still wants to play INJ? With such poor liquidity, could there be another sharp decline? Honestly, the ETF policy is uncertain, who dares to buy the dip? Waiting and watching, let's see what happens. Entering now is like catching a flying knife.

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