Yesterday it just hit an all-time low; today it's up 54.4%. $CYBER is now at 0.366.
Here's the real contrast. Three days ago, it traded just $129,000 in a day. With a market cap of over $20 million, it normally barely makes a sound. The order book is so thin that just a few million can push the price up—and this is the only big gainer in the entire market tonight.
Today's trading volume is $16.55 million, sixteen times the average for the previous seven days. In the same hour, $BTC spiked to 74888 and then pulled back. That was the heaviest candle of the day. Leverage is being flushed out of the big coins, while the small coins are seeing short squeezes.
$ARB also rebounded, but only rose 8.5%. Its market cap is twenty times larger, so it simply can't move as much.
The key level is 0.3570. At 23:00, it surged to 0.410 and then dropped back to 0.368. A 10% upper wick is capping it here.
If it holds above this level, it could test 0.4100 again. If it breaks below, the next level is 0.3170, today's opening price. I'm only watching this candle's close.
No one can say for sure yet whether new money is coming in.
Are you long or short?
Here's the real contrast. Three days ago, it traded just $129,000 in a day. With a market cap of over $20 million, it normally barely makes a sound. The order book is so thin that just a few million can push the price up—and this is the only big gainer in the entire market tonight.
Today's trading volume is $16.55 million, sixteen times the average for the previous seven days. In the same hour, $BTC spiked to 74888 and then pulled back. That was the heaviest candle of the day. Leverage is being flushed out of the big coins, while the small coins are seeing short squeezes.
$ARB also rebounded, but only rose 8.5%. Its market cap is twenty times larger, so it simply can't move as much.
The key level is 0.3570. At 23:00, it surged to 0.410 and then dropped back to 0.368. A 10% upper wick is capping it here.
If it holds above this level, it could test 0.4100 again. If it breaks below, the next level is 0.3170, today's opening price. I'm only watching this candle's close.
No one can say for sure yet whether new money is coming in.
Are you long or short?
