VIRTUAL faces a key support test, and the future trend may solidify around $0.70.
The 24-hour decline reached 3.8%, significantly underperforming the overall market rhythm. On-chain data shows increased pressure — trading volume plummeted by 90%, liquidity halved, and selling power is clearly dominant.
From a technical perspective, the price has broken through several key moving averages and is currently testing the $0.70 line of life and death. The RSI indicator is hovering around 38; although it has entered the oversold zone, there is a lack of clear rebound signals, and the bottom formation remains unstable.
In terms of market sentiment, panic is spreading, and funds are continuously flowing into leading cryptocurrencies like BTC, putting ongoing pressure on altcoins. In the short term, whether it can hold above $0.70 will be the key to judging the subsequent direction.
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ProposalManiac
· 2025-12-24 03:50
0.70 This hurdle, to put it bluntly, is a residual effect of governance imbalance. Liquidity 50% Slump, volume Plummet 90%—this data structure itself indicates that there is a problem with the incentive mechanism for participants.
VIRTUAL faces a key support test, and the future trend may solidify around $0.70.
The 24-hour decline reached 3.8%, significantly underperforming the overall market rhythm. On-chain data shows increased pressure — trading volume plummeted by 90%, liquidity halved, and selling power is clearly dominant.
From a technical perspective, the price has broken through several key moving averages and is currently testing the $0.70 line of life and death. The RSI indicator is hovering around 38; although it has entered the oversold zone, there is a lack of clear rebound signals, and the bottom formation remains unstable.
In terms of market sentiment, panic is spreading, and funds are continuously flowing into leading cryptocurrencies like BTC, putting ongoing pressure on altcoins. In the short term, whether it can hold above $0.70 will be the key to judging the subsequent direction.