Among a series of highly unusual and closely watched market events, OM (Mantra) plummeted nearly 95% in a single day. I have collected as much information as possible and carefully examined the relevant data. In the following analysis, I will gradually sort out the possible reasons behind this crash. I will explain: Why OKX was not the source of this sell-off (although this was the accusation I first heard)? Why did some people sell OM tokens as if it were the end of the world? Why might a wa...

Among a series of highly unusual and closely watched market events, OM (Mantra) plummeted nearly 95% in a single day. I have collected as much information as possible and carefully examined the relevant data. In the following analysis, I will gradually sort out the possible reasons behind this crash. I will explain: Why OKX was not the source of this sell-off (although this was the accusation I first heard)? Why did some people sell OM tokens as if it were the end of the world? Why might a wa...

Recently, the market has shown a pattern of narrow-range consolidation during the day and rapid declines at night. During the day, trading is light, with a significant drop in volume. Only occasional technical rebounds occur, but they fail to form effective breakthroughs. At night, the market experiences sudden irrational selling, with prices quickly breaking through key support levels, resulting in a cliff-like drop. Overall, the market is in a trendless, oscillating state, with both bulls a...

Recently, the market has shown a pattern of narrow-range consolidation during the day and rapid declines at night. During the day, trading is light, with a significant drop in volume. Only occasional technical rebounds occur, but they fail to form effective breakthroughs. At night, the market experiences sudden irrational selling, with prices quickly breaking through key support levels, resulting in a cliff-like drop. Overall, the market is in a trendless, oscillating state, with both bulls a...

An eight-year veteran in the crypto space, I've witnessed countless market changes. After all, the majority is rarely right, and opportunities belong only to the few. 🎯 Quick Introduction to Somnia Somnia is a high-performance, low-cost EVM-compatible Layer 1 blockchain that can confirm transactions in less than one second and supports over 1 million transactions per second (TPS). Designed for large-scale user groups, it is suitable for real-time applications fully on-chain, such as gaming, ...

An eight-year veteran in the crypto space, I've witnessed countless market changes. After all, the majority is rarely right, and opportunities belong only to the few. 🎯 Quick Introduction to Somnia Somnia is a high-performance, low-cost EVM-compatible Layer 1 blockchain that can confirm transactions in less than one second and supports over 1 million transactions per second (TPS). Designed for large-scale user groups, it is suitable for real-time applications fully on-chain, such as gaming, ...