Innlegg

Aptos fell 8.96% to $0.842 in the past 24 hours, underperforming the broader crypto market as a risk-off sell-off triggered heavy liquidations across digital assets. Primary reason: A market-wide deleveraging event, with Bitcoin down 5.06% and total crypto market cap falling 4.46%, driving high-beta altcoins like Aptos lower. Secondary reasons: A technical breakdown below key moving averages and capital rotation within the Move ecosystem, with some traders favoring competitors such as Sui. Near-term outlook: Holding above the $0.809 support could trigger an oversold rebound toward $0.90. A break below that level may open the door to further downside toward $0.75, especially if Bitcoin remains weak. Market Outlook: Bearish Pressure Key watch: Whether Aptos can defend the $0.809 support zone and whether Bitcoin stabilizes above major support levels.