$CHIP 24h rose 26%, starting from 0.0517 at 0:00 yesterday it was pushed up all the way. Around 02:00, with about 3.54 million U in volume, it surged to 0.0632; at 09:00 it touched the intraday high of 0.07186; at 12:00, about 3.6 million U were dumped and it was driven down to 0.06128, then pulled back again. Last night around 22:00–23:00 it twice tested 0.0705–0.0709, but still didn’t reach 0.07186. Now it is 0.06908. Gate perpetuals traded about 7.71 million U, funding rate -0.0092%, shorts are still paying, so don’t go all-in chasing longs or you may get shaken out. I couldn’t find any clear news; it looks more like a sentiment-driven move, and once volume thins it gives back gains. BTC is about 83891 (+1.06%), the broader market is relatively strong, and CHIP is keeping up but not as aggressively as before. A light long is okay on a pullback to 0.0675–0.068 as long as it doesn’t break, with a stop at 0.0661; only chase after it breaks above 0.0719 on volume, targeting 0.075; if it falls below 0.0661, momentum weakens, with 0.0613/0.0536 as downside targets.