Polygon (POL) Drops 6% — Expect Near-Term Weakness
I see Polygon's POL down about 6% after an inflation shock triggered heavy selling across crypto markets.
This decline looks like a macro-driven risk-off move rather than a project-specific failure, so I expect continued short-term volatility and pressure until macro sentiment eases.
I'm reducing exposure and would avoid buying the dip until clear stabilization and lower volatility are evident.
Analysis
Recommendation
Reduce or avoid new exposure for now. Consider selling or trimming positions and wait for stabilization signals—lower volatility, recovery in market breadth, or confirmed support—before re-entering.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.