POWER (PowerProtocol) fluctuates by 45.8% in 24 hours: Trading volume surges to $17.9 million before retreating from high
Bitget Pulse2026/04/17 14:12Volatility Brief
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 around $0.103, with a 45.8% amplitude; 24-hour trading volume surged to $17.9 million, and net capital outflow was around $12,000 (mainly from DEXs).
Analysis of Abnormal Fluctuations
- Unusually high trading volume: Observed 9.0x volume spike and 4.0x abnormal sells, accompanied by panic selling and liquidity sweep.
- On-chain capital outflows: 24-hour net outflow of $12,000, mainly from DEXs, with limited CEX outflow.
No official announcements or major news events pushed the move, which mainly stemmed from speculative selling pressure in the market.
Market Opinion and Outlook
The community's prevailing sentiment is cautious and bearish. Trading AI analysis indicates signs of “panic selling” and “distribution,” with significant short-term downside pressure. It is recommended to wait for confirmation of a rebound at $0.0935 before operating, and to be alert for further tests of $0.088 support; only if there is a swift recovery above $0.095 or a strong reversal emerges should a bullish position be considered.
Note: This analysis is automatically generated by AI based on publicly available 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.
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