Deep Dive
1. Exchange Delistings (Bearish Impact)
Overview:
Bitget announced it will delist OAS/USDT on 5 December 2025, citing low liquidity and compliance reviews. This follows OKX’s October 2025 delisting of OAS pairs.
What this means:
Delistings restrict trading avenues, often triggering panic selling as holders exit positions preemptively. OAS’s 24h volume fell 32.64% to $1.43M post-announcement, confirming thinning liquidity.
What to look out for:
Whether other exchanges follow suit – further delistings could exacerbate selling pressure.
2. Technical Weakness (Bearish Impact)
Overview:
OAS broke below its 7-day SMA ($0.00232) and 30-day SMA ($0.00293). The RSI-14 at 22.96 signals extreme oversold conditions but hasn’t yet sparked a rebound.
What this means:
Technical traders likely interpreted the breakdown as a bearish signal, adding sell-side momentum. The next support lies at the 2025 low of $0.002074 (Fibonacci swing low).
3. Altcoin Liquidation Spiral (Mixed Impact)
Overview:
The crypto Fear & Greed Index hit 16/100 (“Extreme Fear”), while Bitcoin dominance rose to 58.99% – its highest since June 2025.
What this means:
Investors are fleeing high-risk assets like OAS for perceived safety in BTC. The altcoin season index fell 27.59% in 30 days, reflecting sector-wide outflows.
Conclusion
OAS faces a triple threat: reduced exchange support, technical breakdowns, and a hostile macro environment for altcoins. While the project’s pivot to RWA tokenization (e.g., GATES’ $75M Tokyo real estate deal) offers long-term utility, short-term sentiment remains dominated by liquidity risks.
Key watch: Can OAS hold the $0.002074 support, or will delisting-related sell-offs push it to new lows?