Market Watch: 4-Hour Downside Pressure on Altcoins
Several tokens faced notable selling pressure in the last 4 hours:
• Tradoor ($TRADOOR) took the biggest hit, sliding to $1.583, down 14.06% from earlier levels • Act I The AI Prophecy ($ACT) fell to $0.0337, dropping 9.75% as profit-taking kicked in • Plasma ($XPL) dipped to $0.1691, off 2.76% • Sophon ($SOPH) weakened to $0.0126, sliding 2.63% • WalletConnect ($WCT) retreated to $0.0838, down 1.94%
The broader market showing mixed signals with these alts catching short-term selling. Worth watching if these become support levels or if momentum reverses.
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DeFiChef
· 17h ago
TRADOOR's decline... it's directly a sell-off rhythm, losing 14 points
Hold steady and it's all good; this kind of retracement is always an opportunity to buy in
Taking profits on ACT is very normal; small coins are just like that
Where is the support level? Feels like we need to test the bottom again
Altcoins are a bit intimidating in this wave, but I still believe in a rebound
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MEVHunter
· 17h ago
Hmm, TRADOOR's 14% drop... Could it be that big players are lurking in the mempool? I need to dig into the gas fee pattern of this sell-off.
ACT's profit-taking is in line with expectations, but what's really interesting are those slight dips—XPL and SOPH. A movement of around 2.7% often hints at something. Have you monitored any abnormal flash loan activities?
Support levels? Ha, I'm only concerned with how much arbitrage space this drop can create.
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WalletManager
· 17h ago
TRADOOR down 14%? Hold tight and wait for the rebound, this is a good opportunity to verify with on-chain data, don’t panic
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It’s normal for ACT to take profits, the key is to watch the movement of large wallet addresses, I am observing on-chain transfer records
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This wave of decline feels like whales are shaking out, the 4-hour support level hasn’t broken, so it’s not a big problem
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Why do I feel like these coins are all diving... I need to check the positions in my multi-signature wallet
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XPL only dropped 2.76%, what’s that? The real risk is poor contract auditing, that’s what I care about
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Altcoins are like this, short-term volatility is normal, I’ve long been calm about long-term holding, just keep the private keys safe
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WCT only down 1.94%? This support level is too solid, I need to check the liquidity data of the chain bridges to decide whether to add positions
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Overall mixed signals? I’m looking at the K-line, feeling there might be a dump, value investors should be building positions now
Market Watch: 4-Hour Downside Pressure on Altcoins
Several tokens faced notable selling pressure in the last 4 hours:
• Tradoor ($TRADOOR) took the biggest hit, sliding to $1.583, down 14.06% from earlier levels
• Act I The AI Prophecy ($ACT) fell to $0.0337, dropping 9.75% as profit-taking kicked in
• Plasma ($XPL) dipped to $0.1691, off 2.76%
• Sophon ($SOPH) weakened to $0.0126, sliding 2.63%
• WalletConnect ($WCT) retreated to $0.0838, down 1.94%
The broader market showing mixed signals with these alts catching short-term selling. Worth watching if these become support levels or if momentum reverses.