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POWER (POWER) Fluctuates 45.8% in 24 Hours: Trading Volume Soars 294% Driven by Retail Speculation

POWER (POWER) Fluctuates 45.8% in 24 Hours: Trading Volume Soars 294% Driven by Retail Speculation

Bitget PulseBitget Pulse2026/04/18 02:13
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By:Bitget Pulse

Volatility 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.
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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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