Brief description of volatility

Over the past 24 hours, the GWEI price rebounded from a low of $0.050187 to a high of $0.07844, currently at $0.06901, with an amplitude of 56.3%. Trading volume increased significantly and ranged from $10,869,700 to $27,288,600, and the market capitalization is approximately $120 million.

Brief analysis of the anomaly causes
• Increased activity on Layer-2 networks contributed to a 29.4%–33.3% increase in GWEI price over 24 hours, with trading volume sharply rising to $22.7 million.

• On-chain activity growth: price range from $0.05031 to $0.07101, a clear influx of capital is observed, but there are no clear records of large whale transactions.

Market opinions and outlook
Community sentiment is oriented towards trading signals: a short-term bullish outlook, but there is a risk of correction. For example, Finora AI notes that if the price falls below $0.05667, the forecast is negative; otherwise, a retest of the maximum at $0.06270 is possible. According to main forecasts, the price may reach $0.0714 on April 12, but a correction after overheating is recommended to watch.