Multiple cryptocurrencies showed significant divergence today, with CHZ, AXL, and DYM experiencing sharp rises followed by declines.

NullWhisperer · 2026-01-14T14:38:12+00:00

Today, the crypto market shows clear differentiation, with most tokens exhibiting a "high open and low decline" trend, and significant drops in CHZ, QTUM, OP, and others. Although STX hit a low point, the overall market still experienced a rebound, with some tokens like GUN rising slightly. The gains and losses vary greatly.

NullWhisperer

2026-01-14 14:38:12

Abstract generation in progress

【BiTu】Based on the spot trading data from a major exchange, the crypto market today shows a prominent divergence trend. Many tokens experienced a typical “gap up then decline” pattern—CHZ down 6.69% in 24 hours, QTUM retraced 5.57%, OP decreased 5.61%, DYM fell 6.49%, with AXL experiencing the most significant drop at 7.61%, and VANA also declined by 5.13%. These assets mostly went through a rally followed by suppression.

Notably, STX hit its lowest point today, with a decline of around 5.6%. However, the market is not entirely weak—GUN rebounded slightly by 3.03% in the last 5 minutes, while BLUR slightly retreated by 3.28% in the same time window. Overall, the short-term price movements among different tokens still show considerable variation.

CHZ1,21%

DYM-5,88%

QTUM-2,33%

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just_vibin_onchain

· 18h ago

It's the same pattern of opening high and closing low again. AXL dropping 7.61% is really outrageous; I just bought it and it was smashed right after.

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AlwaysAnon

· 18h ago

It's the same old trick, pushing up and then pulling back to make a quick profit before selling. AXL dropped by 7 points, really harsh. Luckily, I didn't get in.

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BlockImposter

· 18h ago

Another day of opening high and closing low. This wave of AXL dropped the most, feels like I've been trapped again.

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BlockchainDecoder

· 18h ago

According to research, this high-open and low-close pattern is actually a typical intraday volatility characteristic. Data shows that the 7.61% decline in AXL may be linked to the main force's wash trading. Notably, GUN and BLUR exhibit opposite fluctuations within the same time window. From a technical perspective, this confirms the phenomenon of market liquidity imbalance—interestingly, this is consistent with the "fragmented exchange effect" mentioned in a paper last year. In the short term, this kind of divergence isn't something to panic about. Combining these data points, it actually resembles a common signal of bottom consolidation.

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