why / cetus

Why is Cetus Protocol down today?

−9.73% 24h
Short answer

Cetus Protocol (CETUS) is down 9.7% in the last 24 hours, trading at $0.0203. That is 5.4% worse than the whole crypto market (−4.3%), so part of the move is specific to Cetus Protocol. Its sector, Exchange-based Tokens, is −5.7% today.

· from live market data
CETUS 24h−9.73%
Whole market 24h−4.35%
Bitcoin 24h−4.83%
Link to BTC (30d)0.65
Volume vs normal1.9×
Exchange-based Tokens sector−5.75%
signals

What is moving Cetus Protocol

Strongest signals first.

Doing worse than the market

The total crypto market is −4.3% in 24 hours. CETUS is −9.7%, 5.4% worse than the market, so part of the move is specific to Cetus Protocol.

Why is the crypto market moving? →

The Exchange-based Tokens sector is down

Cetus Protocol is part of the Exchange-based Tokens sector, which is −5.7% today. CETUS is moving with its sector.

Exchange-based Tokens sector →

Partly follows Bitcoin

Over the last 30 days, CETUS's daily moves had a 0.65 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −4.8% today.

Bitcoin price →

Lowest price in 30 days

CETUS at $0.0203 is below every daily close of the past month (previous low $0.0204). Breaking a recent low can trigger stop-loss selling.

Weak month

CETUS is −9.4% this week and −29% over 30 days, so today's move continues the monthly trend.

Normal trading volume

Volume is close to its 30-day average (1.9×), so there is no rush of buyers or sellers today.

Market mood: Fear (30)

The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.

Fear & Greed Index →
VIP

Liquidations, funding and open interest

See whether leveraged traders are being forced out of CETUS positions right now, on the chart, in the Blockdeck app.

See VIP layers →
next

Keep exploring Cetus Protocol

faq

Questions

Why is Cetus Protocol down today?

Cetus Protocol (CETUS) is down 9.7% in the last 24 hours, trading at $0.0203. That is 5.4% worse than the whole crypto market (−4.3%), so part of the move is specific to Cetus Protocol. Its sector, Exchange-based Tokens, is −5.7% today.

Will Cetus Protocol go back up?

Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: CETUS is −9.36% over 7 days and −28.82% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.

How is this explanation made?

From measured market data, refreshed every few minutes: the whole market's move, CETUS's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.

Explanations are built from market data and are not financial advice.