Deep Dive
1. Liquidity Erosion From Exchange Delistings (Bearish Impact)
Overview: CTXC was delisted from OKX on June 20, 2025 (XT.com) and ONUS in April 2025 due to failure to meet exchange criteria, triggering an 11.8% intraday drop in June. Withdrawals from OKX will be disabled starting September 20, 2025, creating ongoing sell pressure.
What this means: Delistings shrink trading venues and liquidity, making CTXC harder to trade at fair value. The token’s 24h volume ($4.56M) has declined 15.77% YoY, exacerbating volatility risks.
What to look out for: Whether other exchanges follow suit – CTXC is now listed on only 5 minor platforms, per CoinMarketCap data.
2. Technical Downtrend Persists (Bearish Impact)
Overview: CTXC trades at $0.0671, below its 7-day SMA ($0.0695) and 30-day SMA ($0.0688). The RSI-14 (48.04) shows no oversold conditions, while the MACD histogram (+0.00007828) hints at tentative bullish divergence.
What this means: The lack of decisive bullish signals and persistent trading below moving averages suggests traders see limited upside. Fibonacci retracement levels identify $0.074 as the next key resistance – 9.8% above current prices.
3. Altcoin Sentiment Headwinds (Mixed Impact)
Overview: Bitcoin’s dominance rose to 58.13% (+0.41% in 24h), pressuring altcoins. However, the Altcoin Season Index (70/100) remains above the 75 threshold needed for a confirmed “alt season.”
What this means: CTXC’s underperformance reflects both project-specific risks (delistings) and sector-wide caution. Traders are favoring Bitcoin amid neutral market sentiment (Fear & Greed Index: 41/100).
Conclusion
CTXC’s decline reflects a combination of reduced liquidity from exchange exits, weak technical positioning, and cautious altcoin sentiment. While the MACD hints at potential stabilization, the token faces structural challenges until it regains exchange support or demonstrates renewed utility.
Key watch: Can CTXC hold the $0.063 Fibonacci support level, or will delisting-related selling push it to new yearly lows?