SXP bulls face harsh reset as TWT rebounds over 10% on Binance spot
The post SXP bulls face harsh reset as TWT rebounds over 10% on Binance spot appeared on BitcoinEthereumNews.com.
SXP slides 13% while TWT rebounds 10%, as API3, ACA, BIFI, and LAYER all fade from highs in a thin, sniper‑style Binance spot session. Summary SXP dropped 13.02% in 24 hours on Binance spot, with a thin order book amplifying the move. TWT rebounded 10.5% from its daily low, with spot buyers defending wallet‑linked exposure. API3, ACA, BIFI, and LAYER all spiked then sold off, posting 10–20% losses in a shallow, exit‑liquidity market. When a mid‑cap payments token dumps 13% in a day while a wallet token rips 10% off the mat, something has broken in the usual altcoin rotation rhythm. According to Binance spot market data, Solar’s SXP fell 13.02% over 24 hours, while Trust Wallet Token (TWT) gained 10.5% after staging a clean rebound from its intraday low. Under the surface, the tape looked even stranger: API3, ACA, BIFI, and LAYER all printed the same “high then low” intraday profile, with 24‑hour losses ranging from 10.53% to more than 20%. API3, ACA, BIFI, and LAYER all printed “wick up then fade” intraday structures, ending 10–20% off their highs, which is typical exit-liquidity behavior in a market rotating back to majors. Binance spot shows a 24h high around 0.0666 USDT and a low near 0.0608 USDT, so roughly a 9–10% intraday range, which is elevated but not extreme for a small-cap. Directionally, SXP is down a few percent over the last 24 hours on major trackers, aligning with a grinding sell‑off rather than a sharp liquidation move. The current spot price hovering near 0.064–0.065 USDT places it in the lower half of the day’s range, which signals sellers in control but no capitulation wick yet. SXP is selling off in USD terms after a 13% daily dump in thin Binance spot books, which usually translates into underperformance versus a strong BTC…
Filed under: News - @ December 26, 2025 11:20 am