[Coin World] DOT fell quite severely today, with a single-day big dump of 11.4% directly hitting $2.02. What's worse is that the key support at $2.05 was directly breached. The market's panic sentiment has surged, with the selling volume skyrocketing to 14.6 million coins, which is 280% higher than usual—this data is a bit scary.
The technical outlook looks even less optimistic. Just when it seemed to rebound to $2.09, it was pushed back down, with bearish forces clearly dominating. Now all eyes are on the $2.00 round number; if it is lost, it could trigger a new round of selling pressure. In the short term, it will not be easy for the bulls to turn things around.
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AirdropHunterWang
· 14h ago
WTF, 280% dumping volume? This is gonna crash hard, I need to quickly Cut Loss to save myself.
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SatoshiHeir
· 15h ago
It should be noted that the data showing a surge in dumping volume precisely corroborates the viewpoint I articulated in the on-chain analysis report — when the market loses value Consensus, panic will propagate exponentially. The 280% increase is not a coincidence; it reflects the collapse of confidence in the entire ecosystem, without a doubt.
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DAOplomacy
· 15h ago
ngl the 280% volume spike arguably reflects sub-optimal stakeholder alignment rather than pure panic—historical precedent suggests these moves often signal structural reallocation phases. path dependency matters here; whether 2.00 holds depends on governance primitives we haven't fully stress-tested yet.
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SandwichTrader
· 15h ago
OMG, the selling volume is 280%, how many people are dumping?
Is DOT really not coming back this time?
If it can't even hold 2 dollars, how can we play?
Another coin I didn't sell in time, feeling dazed
This round is going to result in quite a loss again
Once it breaks below 2.00, it's game over, I feel like it's going to continue to fall.
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OfflineValidator
· 15h ago
Ah, this... a 280% dumping volume is really scary.
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Once it loses 2 dollars, it feels like it's going to drop straight down.
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Another support level has been broken, the long positions really feel a bit precarious this time.
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Looking at the technicals, everything looks bleak, yet those who dare to buy the dip have quite some guts.
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But is this the time for opportunities? Or is it better to just stay flat...
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280%... with data this frightening, it's no wonder everyone is selling.
DOT fell by 11.4% in a single day, breaking through key support, with a 280% increase in selling volume, causing panic to spread in the market.
[Coin World] DOT fell quite severely today, with a single-day big dump of 11.4% directly hitting $2.02. What's worse is that the key support at $2.05 was directly breached. The market's panic sentiment has surged, with the selling volume skyrocketing to 14.6 million coins, which is 280% higher than usual—this data is a bit scary.
The technical outlook looks even less optimistic. Just when it seemed to rebound to $2.09, it was pushed back down, with bearish forces clearly dominating. Now all eyes are on the $2.00 round number; if it is lost, it could trigger a new round of selling pressure. In the short term, it will not be easy for the bulls to turn things around.