POWER (POWER) Fluctuates 45.8% in 24 Hours: Trading Volume Soars 294% Driven by Retail Speculation
Bitget Pulse2026/04/18 02:13Volatility Overview
In the past 24 hours, the price of POWER rebounded from a low of $0.090783 to a high of $0.132317, currently quoted at $0.104222, with a fluctuation amplitude of 45.8%. Trading volume significantly expanded to over $17 million, representing a 294.20% increase from the previous day, with a net capital outflow of about $12,000 (DEX net outflows dominant).
Brief Analysis of the Cause of Abnormal Movement
- Surge in trading volume: 24-hour transaction volume soared to $17.9–21.77 million, marking a 256%–294% increase, reflecting active retail trading. However, net outflows from CEX/DEX indicate signs of profit-taking.
- Social media and derivatives activity: The X platform saw frequent discussions about abnormal sell volumes (4x), a 6.1% bull market alert, and liquidation heatmaps (long liquidations dominant), fueling volatility. There were no official announcements or on-chain whale transaction reports.
Market View and Outlook
Community sentiment is divided, with traders warning "pump speed is fast, but dump speed is also quick," recommending rapid profit-taking and stop-loss strategies. Some bullish traders highlight long liquidation imbalance (longs at 3.2x), targeting $0.18, but short-term exhaustion risks are high—caution is advised for a pullback to the $0.098 support level.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.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.
You may also like
Assessing if Avalanche’s growing network activity can spur AVAX’s price recovery
Berkshire's stock hits a new high amid tech plunge as return to yen bonds sparks heated "increase positions in Japan" discussion
Berkshire Hathaway has hired banks to prepare for its first yen bond issuance since April, aiming to raise more funds in Japan. According to sources familiar with the matter, Berkshire has mandated Mizuho Securities and Bank of America Securities for a potential benchmark yen bond issuance, which is expected to take place in the near future, though the exact timing will depend on market conditions.
Nomura's monopoly is being challenged! Mizuho (MFG.US) is reshaping Japan's underwriting landscape with global IPOs
Mizuho is establishing a solid foothold in Japan's equity capital market by leveraging a unique and highly profitable track: on one hand, it is tapping into the strong demand for AI financing from the US market, and on the other, connecting with the vast domestic household savings in Japan.
Crypto prices
More
