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breaking: 2z’s epic 17% nosedive triggers panic selling and FUD 📉 could this be the end or just a
wait why Double Zero (2Z) drop 17% after good news?? will it bounce back or nah 🧐
this is classic reflexivity: positive news triggering sell-off due to low liquidity and selling pressure, but strong spot buying and positive funding rate hint at potential rebound
Key takeaways: 📈 What caused Double Zero to fall 17% despite positive listing news? Low liquidity and increasing selling pressure triggered the decline. 📉 Is there potential for a 2Z rebound? Yes, strong spot buying and a positive funding rate suggest renewed bullish sentiment and a possible recovery.
At the time of writing, Double zero (2Z) saw a 17% decline after regaining a positive outlook due to potential Coinbase listing following an SEC no-action letter. This decline is attributed to low liquidity in the derivatives market. Low liquidity and falling prices may signify a deeper downturn.
Double Zero – Could 2Z’s 17% Drop Be a Short-Term Disruption?
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