SKYAI (SKYAI) 24-Hour Amplitude at 40.5%: AI Token Demand Rebounds, Surging Before Perpetual Funding Outflows Lead to Pullback

Volatility Overview

In the past 24 hours, SKYAI's price surged from a low of $0.41593 to a high of $0.58421 before falling back to the current $0.4191, with a price fluctuation of 40.5%. Trading volume expanded to approximately $54.28 million, with a market capitalization of about $450 million.

Brief Analysis of the Cause of the Move

- Renewed demand for the AI token sector drove a 52% intraday increase to around $0.56, with trading volume rising 13% to nearly $100 million, making it the top gainer (44%) in the daily Top-100.

- The price then retreated by 15%-25%, with significant outflows from perpetual contract funds and a 16% decrease in open interest, triggering a pullback.

Market View and Outlook

Community sentiment remains bearish (43% bearish), with traders frequently signaling short-term shorts, targeting $0.41-$0.46 support and cautioning against further declines below $0.41; some see the pullback as a dip buying opportunity, but emphasize the need to hold the $0.435 daily support.