TAC（TACProtocol） fluctuated 42.7% in 24 hours: Trading volume surge drives sharp price swings
Bitget Pulse2026/04/29 02:28Volatility Overview
Over the past 24 hours, TAC's price rebounded from a low of $0.010285 to a high of $0.014673, currently trading at $0.013898, with a price fluctuation of up to 42.7%. The 24-hour trading volume has significantly expanded to around $6.3 million to $10.87 million, while DEX trading volume was approximately $2,568.
Brief Analysis of the Causes of the Movement
- CEX and futures trading volumes surged within 24 hours (for example, Binance futures 24-hour volume exceeded $22.41 million), accompanied by an abnormal increase in sell orders (reports of 3.5x-2.5x sell volume peaks), pushing the price to quickly rally from the low before pulling back.
- There were no official announcements or large whale on-chain transfer events recorded, and DEX volume remained relatively limited (about $2.5k).
Market Opinions and Outlook
The mainstream sentiment among community traders is bearish, highlighting the RSI being overbought (daily 84), price exceeding the MA and encountering resistance, and expecting a short-term pullback to the $0.010-$0.011 support zone, with caution for further downside; a few mentioned a possible reversal if the demand zone holds, but overall risk remains high.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is 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
SUI Price Faces Bearish Pressure Despite Account Growth
Avalanche Price Prediction November 2026: Can AVAX Break $9.03?
US CPI Exceeds Expectations Again, Waller's Warning Comes True! Wall Street Focuses on Whether December Rate Hike Will Be 25 or 50 Basis Points; "New Fed News Agency": Stop-and-Go Strategy Faces Test
The "New Federal Reserve Newsletter" pointed out that before the release of the CPI, Waller suggested the possibility of a 50-basis-point rate hike in December, and so far, no other Fed officials have publicly responded. In addition to a single 50-basis-point hike, the Fed may also choose to signal consecutive rate hikes in December and January. Wall Street generally believes that inflationary pressures remain stubborn, further strengthening the case for a rate hike in December, though a 50-basis-point increase is not a consensus. The market is concerned about whether the Fed will extend the tightening cycle.
CPI Deals a Blow to US Bonds! 2-Year Yield Surges Over 20 Basis Points Intraday, Gold and Silver Plunge
After the release of the CPI, traders began to expect a lower likelihood of a 50 basis point rate hike in December; this year’s Federal Reserve voting member Logan stated that a faster pace of rate hikes may be needed this winter, with at least two more 25 basis point hikes required before pausing. Subsequently, the rise in U.S. Treasury yields continued to widen, with the 10-year yield climbing back above 5.0% and rising more than 10 basis points intraday; spot gold once fell over 3%, while spot silver at one point dropped more than 4%.
Crypto prices
More
