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#M According to Aice100's data analysis, when the $M price is around $0.8196, the 24h change is -71.20%.
In short, it's a rapid short-term decline, with funds rushing to exit.
On the risk side, the long/short ratio among whales is 56:44, clearly leaning long. The funding rate is -0.120%, indicating no weak short sentiment. Don't rush to buy the dip before the weakness ends.
Holding above $0.79501 leaves room for recovery, while reclaiming $0.84009 would signal a relief.