Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
C (Chainbase) 24-hour volatility reaches 48.1%: trading volume surges 54.9% with dramatic price swings

C (Chainbase) 24-hour volatility reaches 48.1%: trading volume surges 54.9% with dramatic price swings

Bitget PulseBitget Pulse2026/04/03 23:05
Show original
By:Bitget Pulse

Volatility Overview

In the past 24 hours, the price of C rebounded from a low of $0.06489 to a high of $0.09612, currently trading at $0.08412, posting a price fluctuation of 48.1%. The 24-hour trading volume reached $48.23 million, up 54.90% from the previous day, indicating a significant increase in market activity.

Brief Analysis of the Abnormal Price Movement

- Trading volume surge: The 24-hour trading volume reached $48.23 million, growing by 54.90%, providing the necessary capital support for the price rally.

- Technical breakout: The price surged from the low of $0.0629 to a high of $0.1050, breaking out of a long-term consolidation range, accompanied by a real inflow of approximately $22.6 million USDT.

Market Views and Outlook

Community sentiment is divided. Some traders point out that in the 4H timeframe, MA7>MA25>MA99 forms a bullish alignment. If the $0.082-$0.085 support holds, the price is likely to continue rising towards $0.115-$0.125. However, some opinions believe that after the recent rejection of the $0.092 resistance, the structure is weakening. A breakdown below $0.078 could result in a retest of the $0.069-$0.071 lows, so caution regarding selling pressure is advised.

Note: This analysis is auto-generated by AI based on publicly available data and on-chain monitoring, and is for informational reference only.
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

ECB rate hike expectations cool down, Lagarde: Rising long-term rates will suppress growth and inflation

Christine Lagarde, President of the European Central Bank, stated that a significant rise in long-term interest rates will slow economic growth and suppress the transmission of energy prices to overall inflation, exceeding the extent forecasted by the ECB in September. She also emphasized that in the absence of signs of second-round effects, the ECB should adopt "moderate response measures" to control inflation. As a result, the market’s expectation of an ECB rate hike in October has dropped to less than 40%.

华尔街见闻•2026/09/28 20:26
ECB rate hike expectations cool down, Lagarde: Rising long-term rates will suppress growth and inflation