Doing worse than the market
The total crypto market is −1.9% in 24 hours. MVLLB is −29%, 27% worse than the market, so part of the move is specific to GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF).
Why is the crypto market moving? →
why / mvllb
Why is GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) down today?
GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) (MVLLB) is down 29% in the last 24 hours, trading at $13.73. That is 27% worse than the whole crypto market (−1.9%), so part of the move is specific to GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF). Bitcoin, which it partly follows, is −2.1%.
MVLLB 24h−28.82%
Whole market 24h−1.93%
Bitcoin 24h−2.14%
Link to BTC (30d)0.66
Volume vs normal1.3×
signals
What is moving GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF)
Strongest signals first.
Partly follows Bitcoin
Over the last 30 days, MVLLB's daily moves had a 0.66 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is −2.1% today.
Bitcoin price →Lowest price in 30 days
MVLLB at $13.73 is below every daily close of the past month (previous low $13.92). Breaking a recent low can trigger stop-loss selling.
Weak month
MVLLB is −49% this week and −64% over 30 days, so today's move continues the monthly trend.
Normal trading volume
Volume is close to its 30-day average (1.3×), so there is no rush of buyers or sellers today.
Market mood: Fear (26)
The Crypto Fear & Greed Index reads 26 out of 100, down from 37 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of MVLLB positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF)
GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) price and chart
Live price, candles, stats and market data
Think MVLLB turns up?Call it in Daily Calls and get scored in 24 hours
If you had bought MVLLBWhat a past purchase is worth today
Why is crypto moving today?The whole market, sectors and biggest movers
faq
Questions
Why is GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) down today?
GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) (MVLLB) is down 29% in the last 24 hours, trading at $13.73. That is 27% worse than the whole crypto market (−1.9%), so part of the move is specific to GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF). Bitcoin, which it partly follows, is −2.1%.
Will GraniteShares 2X Long MRVL ETF (bStocks Tokenized ETF) go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: MVLLB is −48.71% over 7 days and −63.92% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, MVLLB's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.