
TingHu♪|Oct 01, 2025 17:07
Is this considered a shakeout for XPL?
Looking at the candlestick patterns, this seems more like a downward move by the market makers૮ ººა.
A downward move could either be distribution or a shakeout, it's hard to tell.
Typically, in the crypto space, distribution comes in two forms: one is the more memorable 'guillotine drop,' and the other is what's shown in the chart. Shakeouts can take various forms.
Which one do you lean towards?
(Shakeout or Distribution)
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