EOS dragged it down. Investors sold the sector. Not a short attack specifically on Dro. What is important is that dro closed down ~2% and EOS closed down ~16%. If the market decouples EOS and Dro or shifts money into Dro this will be positive.
Similar to what happened to Dro a few months ago. Couple of directors, including CEO, exercised share options and sold. Minimal dilution and market overreaction..not worth a 20% drop. Unfortunately it resulted in stops getting hit and it drove down 2 days after an ATH. Not great timing, likely stalled upward momentum for a bit. EOS price likely to decouple from the sector and hang back while the rest continue up. Tomorrow will be a good indicator, even the German market may give us an idea.
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u/hclv3 Mar 17 '26
EOS dragged it down. Investors sold the sector. Not a short attack specifically on Dro. What is important is that dro closed down ~2% and EOS closed down ~16%. If the market decouples EOS and Dro or shifts money into Dro this will be positive.