INJ current price: 6.92 USDT, recently saw a sharp -7.34% daily decline.
Short-term drop driven by macro fear (BTC, ETH corrections and ETF outflows) and fund flows turning negative for INJ last two days.
Market-wide risk-off sentiment spilling from BTC, ETH into altcoins like INJ, SOL, SUI, PEPE, XRP, DOGE, ADA.
🎯 Opportunities
Message Side (Mostly Bearish 📉)
EVM mainnet launch is a long-term positive for INJ, expanding compatibility with Ethereum ecosystem 📈. However, short-term impact muted due to broader market panic.
Social sentiment split: Twitter mentions point to a confirmed bullish reversal pattern for INJ 📈, but bears stress possible pullback if support retests fail 📉.
Macro shock spillover: BTC ETF net outflow of ~$867M and ETH ETF outflow ~$260M triggered widespread portfolio de-risking 📉.
Technical Side (Bearish 📉)
