The LIGHT coin has experienced a rare extreme movement today. From a high point of $4.6995 just a few hours ago, the price plummeted to $0.855, completing the entire dip process in just 180 minutes, with a decline of nearly 80%.
What often hides behind such drastic fluctuations in coin prices? It is usually a sudden depletion of liquidity, or a chain reaction triggered by the liquidation escape of a large holder. Market sentiment can instantly reverse from momentary optimism to extreme panic, and the speed at which the funding situation reverses is astonishing.
For holders, such events are a good reminder: no matter how promising a coin may seem, when faced with extreme market conditions, the importance of risk management becomes particularly evident. It is recommended that everyone reassess their position size, stop-loss settings, and understanding of liquidity risk. The market is always full of surprises, and being defensive is often smarter than chasing for high profits.
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AirdropGrandpa
· 9h ago
A 80% fall in 180 minutes, is this still called a coin? It's directly just a casino chip.
The LIGHT coin has experienced a rare extreme movement today. From a high point of $4.6995 just a few hours ago, the price plummeted to $0.855, completing the entire dip process in just 180 minutes, with a decline of nearly 80%.
What often hides behind such drastic fluctuations in coin prices? It is usually a sudden depletion of liquidity, or a chain reaction triggered by the liquidation escape of a large holder. Market sentiment can instantly reverse from momentary optimism to extreme panic, and the speed at which the funding situation reverses is astonishing.
For holders, such events are a good reminder: no matter how promising a coin may seem, when faced with extreme market conditions, the importance of risk management becomes particularly evident. It is recommended that everyone reassess their position size, stop-loss settings, and understanding of liquidity risk. The market is always full of surprises, and being defensive is often smarter than chasing for high profits.