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The spot market just experienced a clear wave of divergence. BIFI led the decline, with a 24-hour drop approaching 20%, having surged and then pulled back; MDT and OG followed closely behind, with declines of 6.1% and 8.37% respectively, also showing a pattern of hitting a high point and then retracing.
However, there are also tokens that are strengthening against the trend. Life Token stood out with a 5.1% increase, indicating a bottoming and rebound pattern. GUN's performance was even more impressive — it surged 10.3% in just 2 hours. As for GMT and BIFI, on the 5-minute level, they each played their own game — one with a slight upward push, the other with a slight dip.
Overall, this wave of market activity is characterized by fast pace and significant divergence, with noticeable differences in performance across different timeframes. Participants need to observe the market more carefully.