• ince November 6th Op and Top market tokens have declined in price sparkly.
• Since Nov 6th, the highest price over past 3 months, the tokens in the graph right bellow indicate the return percent was in the range from -0.21% to - 32% down.
• The events of FTX (happened in Nov 7th) seem to be the catalyst of the drop in the price of OP and other tokens.

$OP price noted a 29.76% decline when the market took the heat from FTX’s collapse (Fell down from $1.33 in Nov 5th to $0.93 in Dec 18th)

The news saw OP plunge from a daily high of $1.33 on 5 November to a low of $0.84 the following days, before making a week recovery to trade at around $1.16 by 14 December.

The following graphs show the various moving average (MA) that calculated by difference of present day and past 100 days for MA 100-day, for example.

As can be seen for the selected Token (ETH by default) MA200 already are above the MA100 but in OP this just happened in November.

Whilst, we know when the current price and MA100 & 200 move close together, the price are in sideway and a range trend, and effectuated alongside these MAs.