Author: Nan Zhi, Odaily Odaily
414 Crash Data Review: Which of the 257 currencies are the most resilient to the drop and which rebound the most?
At 3 a.m. on April 14, Bitcoin started a new round of sharp decline, and the entire market collapsed. In this round of decline, which coin fell the least? Which coin rebounded the most after the decline? Odaily Odaily collected data on 257 coins with a market value of more than 100 million US dollars in the Binance spot market to answer these two questions.
Data from the early morning of April 14
This section is calculated based on the following criteria:
The opening price at 3:00 on April 14 (UTC+8) is used as the starting point for calculation;
The lowest price between 3:00 (UTC+8) and 8:00 (UTC+8) on April 14th is taken as the lowest point;
The highest point of the hour at 07:00 on April 14 (UTC+8) is the highest point of the first rebound.
For example, the opening price of BTC was 67156 USDT, the lowest price was 60600 USDT, and the highest rebound point was 65608 USDT, corresponding to a -10% drop and an 8% rebound.
The top ten stocks before and after the decline and rebound are shown in the following figure:
Among them, the tokens of Justin Sun showed extremely low volatility, neither falling nor rebounding sharply, and they were mainly PoW tokens. The others that appeared on both the smallest decline list and the smallest rebound list were BTC, ETH, and DCR.
FXS and TRU are the only two tokens that appear on both the biggest decliners and biggest rebounds lists.
Readers can focus on the tokens that did not fall sharply and achieved a sharp rebound.
Data for the past three days
This section is calculated based on the following criteria:
The statistical range is from 3:00 on April 14 (UTC+8) to the present, with the starting point being the opening price at 3:00 and the end price being the highest point in the past three days (the left half of the figure below) and all token prices as of 20:30 on April 16 (the right half of the figure below), which is used to examine the price repair situation.
The stocks that appeared on the growth list at both time points are: TIA, BEAMX, and BNX;
The stocks that appeared on the decline list at both time points are: NFP.
in conclusion
Based on the above table, users can derive the relative strength relationship between currencies as a reference for subsequent similar market conditions.
