Fidelity purchases $132.7 million in Bitcoin

- XPL surged 687.9% in 24 hours to $0.5041, but remains down 6058% annually amid prolonged bearish trends. - Short-term volatility reflects heightened market sentiment and speculative activity, though technical indicators suggest unsustainable momentum. - Historical backtests show XPL typically loses 95% of gains within a month after sharp rallies, with average next-day returns at -5.9%. - The recent spike highlights risks of overreaction in crypto markets, where rapid price moves often trigger sharp corre

- EUL surged 28.86% in 24 hours to $9.075, reversing a 416.4% annual decline amid volatile market conditions. - The sharp rebound triggered RSI above 50 and highlighted key resistance at $9.50 and support at $8.20 for traders. - Analysts caution the move may not signal sustained recovery, as macroeconomic factors continue to weigh on broader markets. - A backtesting framework is being applied to analyze 5%+ single-day surges like EUL's, assessing post-rebound momentum patterns.

- EDEN’s 24-hour 258.44% drop marked one of crypto’s most extreme single-day crashes, followed by a 149.59% rebound in seven days but a 6569.77% decline over one month and one year. - Analysts attribute the volatility to algorithmic trading triggers, liquidity constraints, and potential flash crashes, though no official cause has been confirmed. - Technical indicators show prolonged overbought/oversold conditions, highlighting structural bearish trends and lack of sustainable investor confidence despite sh