$USUAL has faced extreme selling pressure yesterday and today, although up to now, the project has not had any bad FUD. Regarding the strong decline, I see some quite confusing points from the Binance exchange:
1/ First, the time of issuing the first warning note was one day before the spot listing announcement. The first note was confusing as it was too brief. Although it is not incorrect as I explained in my previous post, it is too concise.
2/ Second, that notification could have been noted from the beginning of the USUAL Pre-Market. So why wait until just before the spot listing announcement to note it?
3/ Third, USUAL has just gone through a price increase cycle lasting about 19 days, and a corrective candle could completely occur. And somehow, Binance's first note appeared at the right time.
4/ Fourth, Binance's announcement post has the title "Binance Will End the Usual (USUAL) Pre-Market and List Usual (USUAL) with Seed Tag Applied". Translated to Vietnamese, it is "Binance will end the usual (USUAL) pre-market trading and list the usual (USUAL) trading with the Seed tag applied". "End" here can also be understood as closing the pre-market. Correct, precise, there is nothing to debate. HOWEVER, the note states that it "will be suspended" (as shown below), which is not incorrect. But the choice of words is not appropriate. "Suspended" can also be understood as ending, but in Vietnamese culture, the term "suspended" is mostly used in a negative context. For example, if someone does something wrong, that person will be "suspended from work". For instance, if a project violates the terms of the contract, it will be "suspended". And in Vietnam, the term "suspended" is often used in a more negative context. So why is the word "End" not translated as "kết thúc" (end) or "đóng" (close) in an understandable way? Why use the word "suspended", which not only means "suspended" but also adds the word "be"? Clearly, the word choice is not pleasant to the ear and can easily lead to misunderstanding.
Above are the confusing points in the two notes regarding the USUAL/USDT trading pair yesterday and today. Any discussion opinions, everyone can leave comments below, thank you very much for taking the time to refer to my post.