The BTC spot market holds above 80,000. The old DeFi protocol that lagged behind and caught up yesterday continues rising today, up another 7%, $SPELL —strong for two straight days 📊
What’s interesting is:
✅ Spot-led, no leverage buildup
✅ Funding rate only +0.01%, completely healthy
✅ Holding volume is 16.2 billion tokens, with no obvious shrinkage
✅ 24h trading volume exceeds 11 million, and momentum is in sync
Abracadabra is this old lending/borrowing protocol—previously ignored by the market, but whenever big BTC moves come, older DeFi projects with real use cases get swept up by capital. This time is no exception.
It’s currently around $0.0000916. The intraday high tapped $0.0000951 but was capped there. For the short term, watch to see whether it can break above the resistance. With a clean structure, the overall move is still in the early stage of the catch-up rally.
That said, keep in mind: SPELL’s liquidity is relatively low and trading volume is comparatively small, so volatility can be higher. If you’re interested, manage risk—keep position sizing modest and favor a low-exposure approach.
Click the small card below to quickly check the行情👇
#SPELL #DeFi #Abracadabra #BTC broke above 80,000
What’s interesting is:
✅ Spot-led, no leverage buildup
✅ Funding rate only +0.01%, completely healthy
✅ Holding volume is 16.2 billion tokens, with no obvious shrinkage
✅ 24h trading volume exceeds 11 million, and momentum is in sync
Abracadabra is this old lending/borrowing protocol—previously ignored by the market, but whenever big BTC moves come, older DeFi projects with real use cases get swept up by capital. This time is no exception.
It’s currently around $0.0000916. The intraday high tapped $0.0000951 but was capped there. For the short term, watch to see whether it can break above the resistance. With a clean structure, the overall move is still in the early stage of the catch-up rally.
That said, keep in mind: SPELL’s liquidity is relatively low and trading volume is comparatively small, so volatility can be higher. If you’re interested, manage risk—keep position sizing modest and favor a low-exposure approach.
Click the small card below to quickly check the行情👇
#SPELL #DeFi #Abracadabra #BTC broke above 80,000
