$INIT Down 35% in 24 hours, plunging from 0.2996 to 0.1302, with 832M in trading volume made up entirely of bloodied chips.

This isn't an ordinary pullback; it's a liquidity stampede. The Fed minutes were hawkish this morning, and market bets on a June rate cut fell from 70% to 48%. BTC's correlation with Nasdaq futures returned to 0.68 this week, and risk assets are all taking a hit. Small-cap tokens like $INIT have higher beta, so their drops are like being leveraged 2x. I checked the on-chain data: in the two hours before the plunge, three whale addresses transferred 12 million tokens to exchanges—a classic early exit signal, with retail traders left catching the falling knife.
Fundamentally, $INIT's TVL fell from 48 million to 31 million this week, almost in lockstep with the 35% drop in its price. That suggests this isn't an unjustified selloff; capital is genuinely pulling out. The technical picture is even worse: 0.13 is the previous low support, the daily RSI is oversold at 28 but shows no divergence, and the MACD bearish crossover is widening. Don't bet on a V-shaped recovery with this setup.
There are two approaches: if you're out of the market, place staggered buy orders at 0.13-0.135, with a stop-loss at 0.118 and a first target of 0.165. Keep your position below 5%—this is knife-edge trading. If you're already in, sell half into a rebound at 0.15-0.16. Don't count on breaking even; protect your principal and wait for the next cycle. 832M in trading volume shows liquidity is still there, but the trend is downward, so move quickly when catching a falling knife.
The guy in my group who specializes in small caps sold at 0.28 yesterday and is now waiting to re-enter at 0.12. Timing matters more than direction.
Don't just watch the chart; keep an eye on the U.S. stock market open tonight and the dollar index. If DXY breaks below 106, high-risk assets like $INIT could take another hit. #每周来晒 #美股史诗级抛售