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CORE (CORE) fluctuates 41.8% in 24 hours: strong rebound from $0.0366 to $0.0518, surge in trading volume driven by whale purchases

CORE (CORE) fluctuates 41.8% in 24 hours: strong rebound from $0.0366 to $0.0518, surge in trading volume driven by whale purchases

Bitget PulseBitget Pulse2026/04/22 12:11
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By:Bitget Pulse

Volatility Brief

In the past 24 hours, the price of CORE rebounded from a low of $0.0366 to a high of $0.0519, currently at $0.0518, with a fluctuation amplitude of 41.8%. Trading volume has significantly expanded, with CoinMarketCap data showing a 24-hour trading volume of approximately $73.1 million, an increase of 30.75% compared to the previous day; CoinGecko data shows about $59.9 million, up by 35.3%. There are clear signs of net capital inflow, accompanied by a 144% trading volume peak.

Analysis of Abnormal Movement Causes

- Trading Volume and Technical Breakthrough: Within 24 hours, trading volume surged by 144% to $87.9 million, pushing the price above the 7-day ($0.0437) and 30-day ($0.0397) moving averages. The MACD histogram turned positive, and the RSI-14 reached 60.17, indicating strong bullish momentum.

- Whale Buying and Short Squeeze: The oversold rebound was accompanied by whale dip buying and forced short covering, with the price recovering from the low of $0.0321 to the high of $0.0451, as smart money entered during the panic.

- Ecosystem Catalysts: The DROPS product launches today, alongside recent on-chain activities such as stablecoin inflows and Zcash integration, serving as a comparison to the recovery after the Colend liquidation crash on March 29.

Market View and Outlook

Market sentiment has shifted bullish, with discussions on Platform X focusing on “entering bull market mode.” Trading volume increased by 80%, confirming buying interest. AI analysts predict a short-term pullback to the $0.035-$0.033 demand zone with a subsequent rise to $0.041-$0.048, but warn that if $0.032 is lost, the outlook turns bearish. The community emphasizes the utility of BTCfi, but cautions against overbought risks and thin liquidity.

Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.
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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.

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