DRIFT 24-hour volatility at 59.3%: Surging trading volume drives dramatic rebound and fluctuations
Bitget Pulse2026/04/13 12:35Volatility Overview
DRIFT rebounded from a 24-hour low of $0.0334 to a high of $0.0532, currently quoted at $0.0415, with a price swing amplitude of 59.3%. The 24-hour trading volume is approximately $20.93 million (CoinGecko data), with $DRIFT token trading volume reaching $22.36 million (DefiLlama data), significantly larger than usual.
Brief Analysis of Abnormal Fluctuations
- The 24-hour trading volume surged by more than $20 million, relative volume (RVOL) reached 22.2 times, accompanied by price increases of 4.7%-17.7%, triggering a liquidity sweep and breakout on the buy side.
- The platform's perp trading data feed was interrupted (24-hour perp volume is 0), potentially exacerbating market uncertainty, but TVL remains at $232.4 million.
Market View and Outlook
The prevailing sentiment among community traders is bullish, viewing the current situation as a “+4.8% breakout” and “strong momentum.” It is recommended to wait for a retracement to the $0.0377-$0.0389 area to confirm the bullish trend, but warnings are issued about profit-taking risks and a potential pullback below $0.0336; failure to hold could shift to a bearish outlook.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Tesla Cybertruck: From Cracked Windows to Production Halt, a Three-and-a-Half Year Journey Ends
Since its launch in 2019, Cybertruck has been mired in controversy—ranging from a failed window demonstration on release day, a four-year delay in mass production, and its price rising from $39,900 to more than $100,000, along with a total of 11 recalls. The day before the halt of production was announced, Tesla raised the price once again, bringing a dramatic and intriguing end to the saga of this vehicle.
AI capital expenditure “peaks”; is the US economy also “peaking”?
Democrats to destroy the data center boom? Goldman Sachs bucks the trend with an upgrade forecast!
Goldman Sachs has raised its forecast for US data center construction spending against the trend, increasing the 2026 projection from $67 billion to $80 billion and, for the first time, projecting $125 billion for 2028. Despite the market panic caused by Texas's moratorium, Goldman Sachs believes this is essentially a delay rather than a termination, and the overall construction cycle remains resilient. However, highly leveraged developers face substantial risks from rising financing costs and contract cancellations.
Crypto prices
More
