BREV has recently listed on several major exchanges, and market enthusiasm continues to rise, but price volatility has become extremely intense, attracting significant attention from traders.
From a fundamental perspective, the Brevis project itself demonstrates solid strength. It primarily utilizes zero-knowledge proof technology for verifiable computation, a solution that effectively addresses blockchain scalability and trust issues. The recent concentrated listings have genuinely expanded liquidity and market awareness, which are positive signals for the project's long-term development.
However, trading-level challenges are evident. Over the past 24 hours, BREV declined 14.62%, with the current price hovering around 0.4409 USDT, showing considerable distance from the initial launch highs. What deserves more attention is this volatility range — the ATR reached 0.03567054, indicating extremely fierce short-term price fluctuations with rapid corrections potentially occurring at any moment.
Technical indicators also present some noteworthy observations. RSI6 has dropped to 30.64, reflecting that selling pressure is gradually accumulating. After experiencing rapid gains in the earlier stage, the current phase is dominated by bearish sentiment. Of course, some community members remain optimistic about future market movements, viewing this as an entry opportunity, but cautious voices are also increasing. Overall, this stage requires more observation and patience.
BREV has recently listed on several major exchanges, and market enthusiasm continues to rise, but price volatility has become extremely intense, attracting significant attention from traders.
From a fundamental perspective, the Brevis project itself demonstrates solid strength. It primarily utilizes zero-knowledge proof technology for verifiable computation, a solution that effectively addresses blockchain scalability and trust issues. The recent concentrated listings have genuinely expanded liquidity and market awareness, which are positive signals for the project's long-term development.
However, trading-level challenges are evident. Over the past 24 hours, BREV declined 14.62%, with the current price hovering around 0.4409 USDT, showing considerable distance from the initial launch highs. What deserves more attention is this volatility range — the ATR reached 0.03567054, indicating extremely fierce short-term price fluctuations with rapid corrections potentially occurring at any moment.
Technical indicators also present some noteworthy observations. RSI6 has dropped to 30.64, reflecting that selling pressure is gradually accumulating. After experiencing rapid gains in the earlier stage, the current phase is dominated by bearish sentiment. Of course, some community members remain optimistic about future market movements, viewing this as an entry opportunity, but cautious voices are also increasing. Overall, this stage requires more observation and patience.