$NBISB In the last 24 hours, this is up 24.51%—going straight from $190 to $237. Trading volume is $203M. Honestly, with the current liquidity being so dried up, this kind of volume is a bit abnormal.
In Telegram’s big groups right now, people are split into two camps: one side says it’s over-the-counter money borrowing high-volatility to wash the market; on-chain, the holdings are indeed concentrating toward whales, and the target price is around $300. The other side believes this is just contract liquidation shorting—because the 24h high neatly capped right at the $237 integer level. The long/short ratio is already extremely lopsided, and a pullback to $210 is the more reasonable range.
A friend of mine who’s a market maker in Discord joked privately: NBIS’s order book depth can’t be hit by retail traders at all—everything is just robots trading and refreshing.
My framework is simple: first, see whether trading volume can stay above $150M for three consecutive days; then watch whether $230 can hold. If it breaks below $215 and the volume shrinks, that’s a long trap. If volume surges and it breaks above $240, the short-term move can still push higher once more. Don’t listen to any call—just let the data speak. Want to discuss it?