$BP touched $1.58 and got smashed back to $1.46. People holding positions right now aren’t most torn about whether to run or not—they’re stuck without a reference point. Since listing, there hasn’t been a higher price. The all-time high (ATH) is written as yesterday. Above, there’s no overhead trapped-coin supply, and no support level that’s been verified. Cutting positions is a guess; adding positions is also a guess.
In 30 days, it went from $0.43 to here—+234%, and it doubled in a week. Market cap is $365M, ranking #134. It’s no longer a small pond. Volume can say even more: before 9/7, daily turnover was around $1.7M; from 9/21 it jumped to $25M; on 9/26 it surged to $48M; today it’s $23M. The capital has been advancing in batches—not something lifted by a single needle.
But in the last 24 hours, it moved from $1.25 to $1.58—a 26% range. Disagreement is already on full display. What I care about most is that price and volume aren’t quite lining up: after 9/26, trading volume hasn’t continued to expand, yet the price made a new high. This kind of divergence appearing at a push toward prior highs usually means the number of followers is decreasing.
If $1.58 is taken out on strong volume, then the area above is a vacuum—there could be a period of trading with no resistance. Conversely, if it breaks below $1.25 and the retest lacks strength, this move might just be a quick re-rating.
For holders, the next thing to watch is only one: when it retraces to $1.25–$1.30, whether the trading volume visibly shrinks compared with the surge. If volume contracts, it suggests the coins are still locked up; heavy sell-off volume means someone is distributing.
In 30 days, it went from $0.43 to here—+234%, and it doubled in a week. Market cap is $365M, ranking #134. It’s no longer a small pond. Volume can say even more: before 9/7, daily turnover was around $1.7M; from 9/21 it jumped to $25M; on 9/26 it surged to $48M; today it’s $23M. The capital has been advancing in batches—not something lifted by a single needle.
But in the last 24 hours, it moved from $1.25 to $1.58—a 26% range. Disagreement is already on full display. What I care about most is that price and volume aren’t quite lining up: after 9/26, trading volume hasn’t continued to expand, yet the price made a new high. This kind of divergence appearing at a push toward prior highs usually means the number of followers is decreasing.
If $1.58 is taken out on strong volume, then the area above is a vacuum—there could be a period of trading with no resistance. Conversely, if it breaks below $1.25 and the retest lacks strength, this move might just be a quick re-rating.
For holders, the next thing to watch is only one: when it retraces to $1.25–$1.30, whether the trading volume visibly shrinks compared with the surge. If volume contracts, it suggests the coins are still locked up; heavy sell-off volume means someone is distributing.