WALK may potentially usher in a rebound trend. According to Swiss blockchain monitoring data, the crypto market is at a bottom, with less than 10% of altcoins showing negative momentum, indicating sentiment has bottomed out and is entering a recovery phase. An 8% negative momentum among altcoins greatly increases the probability of a rebound. It is recommended to pay attention to WALK’s daily support level and changes in trading volume. Short-term traders can enter after support is confirmed and set take-profit targets; mid- to long-term investors can build positions in batches as sentiment warms, leveraging opportunities for value recovery.

- According to Swiss blockchain monitoring, the current stage of crypto assets is at a bottom. Historical data shows that when less than 10% of altcoins display negative momentum, it often signals the end of peak pessimism.
- A similar signal was triggered in early April, during which Bitcoin rose about 30% within three weeks, and leading altcoins saw gains ranging from 50% to 120%.
- Currently, only 8% of altcoins remain in the negative momentum range, even lower than the historic bottom range of 15%~25%. This significantly raises the probability of short-term sentiment recovery.
- From a trading psychology perspective, extreme pessimism is often followed by bottom-fishing buying, suggesting the market could be on the verge of a rebound.

Foresight News reports that according to Swissblock monitoring, the market is currently at a bottom stage. The last top-bottom signal was triggered on April 7, leading to a significant market change with BTC rising about 30% within three weeks, and major altcoins increasing between 50% and 120%. Currently, only 8% of altcoins show negative momentum, and historical data suggests that a market bottom forms when this percentage reaches 15% to 25%. A reset to 0% is expected to lead to a rebound in Ethereum and other altcoins.

Analysis: Market bottom signals appear, and the market may rebound.

- Due to the lack of specific candlestick data in the current report, a quantitative analysis of moving averages, trading volume, and patterns cannot be provided. However, combined with the overall market bottom signals, WALK’s probability of following the rebound in the short term is increasing.
- If market sentiment continues to recover, it is recommended to closely monitor WALK's key daily support level tests and the degree of coordination with trading volumes.
- For short-term traders, it’s advisable to participate after support confirmation and set clear take-profit levels; for mid- to long-term investors, use the sentiment recovery window to gradually build positions and seize value recovery opportunities.

SuperWalk WALK

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WALK price today is 0.01, with a live price change of 0.58 in the last 24 hours. Convert, buy, sell and trade WALK on Bybit-eu.

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