IR (InfraredFinance) fluctuated by 48.0% in 24 hours: Retraced to test support after technical rebound

Volatility Overview

In the past 24 hours, the price of IR rebounded from a low of $0.0465 to a high of $0.06882, currently quoted at $0.05013, with a fluctuation amplitude reaching 48.0%. The 24-hour trading volume is approximately $3.62 million, a slight increase of 2.2% from the previous period, and there are no significant anomalies in net capital inflows or outflows reported.

Brief Analysis of the Cause of the Abnormal Movement

- No official announcement, listing event, or major news directly driving the abnormal movement.

- On-chain monitoring and whale activity reports show no significant large transfers or capital inflows. The price volatility mainly results from technical consolidation and rebound after reaching the March 9 low of $0.05042.

Market View and Outlook

Overall community sentiment is optimistic, with 85% of CoinMarketCap polling indicating bullish sentiment. AI analysts suggest that as long as the $0.05 support level holds, a rebound to the $0.063-$0.074 range is possible. If this support is breached, a further decline to $0.04366 may occur. Attention should be paid to limited trading volume and correlation risk with Bitcoin.