POWER (PowerProtocol) fluctuates by 45.8% in 24 hours: Trading volume surges to $17.9 million before retreating from high

Volatility 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.