FHE (MindNetwork) fluctuated by 51.5% in 24 hours: Bybit trading volume surge triggers speculative rebound

Brief Overview of Volatility

FHE rebounded from a 24-hour low of $0.01926 to a high of $0.02917, currently trading at $0.02284, with a price fluctuation of 51.5%. The 24-hour trading volume is approximately $12.47 million, significantly increased; on-chain data shows a net outflow of about $23,700 from CEX, while DEX saw a slight net inflow of $1,391, with overall TVL maintained at a low of $33,000.

Analysis of Abnormal Fluctuation Causes

• Bybit spot trading volume surged by 515.68%, leading speculative buying that pushed the price away from the broader market (which only rose 2.93%), with no clear project announcement or major whale actions on-chain.

• Ending a 7-month downward trend, trading activity increased alongside bitcoin rebound and eased geopolitical risks.

Market Opinion and Outlook

Community sentiment is bullish, with CoinGecko showing 67%-100% bullish; X platform discussions focus on AI privacy and supercycle potential, predicting “send hard” or “100x,” but also warning of a “scam pump.” Analysts highlight liquidity-driven movements are easily reversible, and suggest monitoring Bybit trading volume and the $0.019 support level.