While a general decrease in the crypto market was experienced, sudden fluctuations were observed in breast coins. The increase in fluctuation in leading tokens such as Doge, Shıb, Pepe, Flokı created anxiety among investors. Data on futures indicate a possible decline in the prices of these assets.
Open position drop
According to the analysis reports, there is a sharp decrease in open position values in the futures market. The 7 -day moving average for Doge decreased from $ 3.58 billion to $ 1.49 billion; Pepe, Bonk and WIF Tokens have declined at a much higher rate.
Glassnode: ik We have observed that the open positions in the futures declined significantly from the summit. ”
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Falling data increases the likelihood that investors come out of leveraged positions and reduce confidence in the market. This may cause liquidity in the market and increased volatility. Investors have become cautious against short -term fluctuations. Especially the solea fiasco caused a much greater destruction in solalana -based breast coins.
Market performance and developments
Although Dge, today’s transaction increased slightly, it declined by 1.5 percent on a weekly basis. Shıb, a small decline in the day, Pepe Coin was observed a 2 percent decrease. FLOKI, on the other hand, experienced recovery in the last 24 hours and increased by 4 percent, but in the last 30 days, more significant decreases have been seen.
General macroeconomic prints and decreasing process volumes affect the entire crypto market, while the risky structure of breast coins stands out. Negative evaluations for some projects have increased concerns throughout the market.
The data reveals that the more cautious approach of the previous year’s speculative movements. Investors can evaluate the development of new strategies, taking into account the regression and low liquidity in the market.
The analyzed data indicate that market fluctuations may continue to increase. Investors are advised to follow these developments closely.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
