There's something brewing with Avici that most traders are sleeping on. Next week could get interesting with several catalysts stacking up.
Just witnessed a brutal 35% dump compressed into 48 hours. Not gonna lie, that was violent. But here's the thing - around the $5 mark, there's a setup worth watching. Clear invalidation level, clean risk-reward if you're into that sort of play.
What's driving this recent bloodbath? My read: capital rotation. MetaDAO ecosystem tokens have been hot lately, pulling liquidity from other names. Classic sector rotation dynamics playing out. When money flows into the new shiny objects, the older siblings tend to bleed.
The technical setup at current levels looks compelling though. If those catalysts actually materialize next week, we might see a sharp reversal. Or not. That's why the invalidation point matters.
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AmateurDAOWatcher
· 18h ago
A 35% drop is definitely brutal, but it's hard to say if $5 is really the bottom... I'm tired of hearing about capital rotation; if there’s actually a catalyst next week, then that’s something worth noting.
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BearMarketHustler
· 12-06 12:50
A 35% drop is definitely harsh, but $5 still looks somewhat interesting to me... All the funds have been drawn to MetaDAO. When will this rotation finally shift back?
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ProofOfNothing
· 12-06 12:46
A 35% drop is indeed harsh, but the $5 level... hmm, it's definitely interesting. Let's see what happens next week.
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Capital rotation is very common; it's normal for MetaDAO to siphon off others' liquidity. It sucks to be an old project getting rekt.
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Catalyst materializing? I don't really believe it, but as long as you set your stop-loss, there’s nothing to be afraid of.
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This setup looks sexy, just depends if the whales want to pump it.
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Another “next week might be interesting,” I’ll just lie flat and wait.
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DeepRabbitHole
· 12-06 12:42
A 35% drop is so brutal, it's really just become an ATM. Those vampires at MetaDAO have sucked all the liquidity dry, haha.
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WenMoon
· 12-06 12:33
35% dropped straight down, damn, that must hurt... But the $5 level is definitely interesting, I'm watching it too. If the catalyst really comes next week... hey, wanna take a gamble?
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GweiWatcher
· 12-06 12:25
A 35% drop hit us right in the face, but the $5 level is actually quite interesting. Now it all depends on whether the stop-loss can hold.
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MetaDAO is such a vampire, all the funds are flowing over there, Avici is being completely drained.
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Catalysts stacking up? We'll see the real deal next week—either it takes off or continues to plunge.
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I've seen this pattern before, odds are always 50/50. Better set a proper stop-loss and play it safe.
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Sector rotation is just this brutal—today's hot topic is ignored by tomorrow.
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If $5 holds, there's hope. If not, just wait for the next round.
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To put it bluntly, it's still lacking certainty. Even multiple catalysts might not be enough to save it.
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I'm a bit tempted, but I'll stay on the sidelines for now—especially after such a sharp drop.
There's something brewing with Avici that most traders are sleeping on. Next week could get interesting with several catalysts stacking up.
Just witnessed a brutal 35% dump compressed into 48 hours. Not gonna lie, that was violent. But here's the thing - around the $5 mark, there's a setup worth watching. Clear invalidation level, clean risk-reward if you're into that sort of play.
What's driving this recent bloodbath? My read: capital rotation. MetaDAO ecosystem tokens have been hot lately, pulling liquidity from other names. Classic sector rotation dynamics playing out. When money flows into the new shiny objects, the older siblings tend to bleed.
The technical setup at current levels looks compelling though. If those catalysts actually materialize next week, we might see a sharp reversal. Or not. That's why the invalidation point matters.