2026-01-16 18:27:57

Market Downturn Alert: Five Altcoins Under Pressure Today

The crypto market is experiencing a notable pullback across several major altcoins in the last 24 hours. Provenance Blockchain (HASH) leads the losers' list, plummeting to $0.02216231 with a steep 16.65% decline. POL, the rebranded MATIC token, dropped 7.16% to trade at $0.143287, signaling some concern among Polygon ecosystem participants.

Privacy-focused Zcash (ZEC) fell 6.91% to $404.98, while the high-performance blockchain Aptos (APT) retreated 5.74% to $1.79. Rounding out the top five decliners is Ethena (ENA), down 4.61% at $0.220919.

These movements reflect broader market sentiment shifts. Traders should monitor support levels and volume patterns to identify potential entry points or risk management triggers in this volatile environment.

POL-1%

ZEC-0.08%

APT2.04%

ENA-1.12%

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MetaEggplant

· 12h ago

They're starting to cut again, this time HASH was directly halved, so disgusting. POL has dropped so much, is the POLYGON ecosystem really hopeless? Where is the bottom? Has anyone bought the dip? ZEC privacy coin is being suppressed again, isn't this how the industry is? APT dropped to 1.79 but still dares to claim high performance...

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AllTalkLongTrader

· 12h ago

Is it time to cut the leeks again? HASH directly plummeted by 16 points, who can withstand this? POL didn't fall much, but the ecosystem is crying out. Can Polygon still be saved? ZEC and APT also didn't fall behind. Is this a collective rebound or continued slaughter? Honestly, looking at support levels is useless; it all depends on whether big players are willing to buy in. If no one buys, it will keep dropping. ENA had the smallest decline but was the most bizarre—could this be the calm before the storm?

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CryptoHistoryClass

· 12h ago

ah here we go again, HASH down 16% and suddenly everyone's gonna act surprised. statistically speaking this is exactly how 2018 played out before the actual capitulation hit... *checks notes* yep, pattern recognition never lies

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StakeTillRetire

· 12h ago

Dropped again, this time HASH plummeted by 16 points directly, damn it. POL is still falling, can Polygon still hold up? ZEC didn't drop much but feels like no one wants it anymore. Bottom fishing at low levels or continue to fall, really damn hard to judge. Where is the support level? Feels like it can't hold up anymore.

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BearMarketHustler

· 13h ago

Here comes another round of harvesting the newbies. POL has fallen so much; why haven't the bulls surrendered yet?

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MoonWaterDroplets

· 13h ago

Another bloodbath, HASH was directly halved, this pace is a bit crazy

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LiquidationTherapist

· 13h ago

It dropped again, HASH was cut in half, this is the rhythm of clearing out positions POL dropped 7 points, the Polygon ecosystem is about to suffer again, truly one wave after another ZEC and APT also didn't escape, what can we touch now... just waiting for a rebound Support levels are gone, this time we really need to think carefully before bottom fishing

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