SKYAI (SKYAI) fluctuates 62.6% in 24 hours: Bitget listing and whale accumulation trigger a surge and retracement
Bitget Pulse2026/05/03 16:02Volatility Brief
In the past 24 hours, the price of SKYAI rebounded from a low of $0.32629 to a high of $0.53063, currently quoted at $0.38333, with a fluctuation amplitude of 62.6%. The 24-hour trading volume surged to approximately $218 million, significantly expanding compared to the previous day.
Analysis of the Cause of the Fluctuation
• Bitget spot trading was officially launched at 8:00 UTC, directly catalyzing a 35.97% surge in price from around $0.3566.
• On-chain data shows coordinated accumulation by whales, pushing the price to rebound from the $0.34217 low to a high of $0.47955.
• Trading volume soared 91.34% to $228 million, with increased volatility accompanied by active social trading.
Market View and Outlook
The overall market sentiment is mainly excitement, but mainstream opinions warn of overheating: the X community called the move “parabolic” as the RSI reached 90, indicating a possible short-term pullback; analysts pointed out that listing-driven moves are prone to becoming overbought, with RSI exceeding 74, suggesting attention to the $0.3335-$0.3489 support range—if breached, a trend reversal may occur.
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.
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