The drop experienced at CETUS should not be a surprise for seasoned friends.
In the last 30 days, while the market was weak, the price rose by 32%,
but it was sharply given back in a short time.
The main reason seems to be high-volume profit taking; I couldn't see another cause. Volume also increased by 360%, but unfortunately it was sell‑weighted.
A 40% drop within a few hours, a full-on liquidation move.
In short:
Rapidly rising, sharply fell…
especially when everyone was in profit.
#Cetus #Altcoin
