Moving with the whole market
The total crypto market is +0.4% in 24 hours. CKB is +1.6%, about the same, so this looks like a market-wide move rather than something specific to Nervos Network.
Why is the crypto market moving? →
why / ckb
Why is Nervos Network up today?
Nervos Network (CKB) is up 1.6% in the last 24 hours, trading at $0.00123. The whole crypto market is +0.4%, so this is mostly a market-wide move. Bitcoin, which it partly follows, is +0.4%.
CKB 24h+1.56%
Whole market 24h+0.35%
Bitcoin 24h+0.37%
Link to BTC (30d)0.51
Volume vs normal0.1×
Layer 2 (L2) sector+0.94%
signals
What is moving Nervos Network
Strongest signals first.
Partly follows Bitcoin
Over the last 30 days, CKB's daily moves had a 0.51 correlation with Bitcoin (1 means identical direction). A moderate link. Bitcoin is +0.4% today.
Bitcoin price →Trading is quieter than usual
Volume is running at about 11% of the 30-day average. Moves on thin volume often reverse more easily.
A bounce inside a falling week
Despite today's +1.6%, CKB is still −15% over 7 days and −5.1% over 30 days.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, unchanged from 30 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of CKB positions right now, on the chart, in the Blockdeck app.
See VIP layers →next
Keep exploring Nervos Network
faq
Questions
Why is Nervos Network up today?
Nervos Network (CKB) is up 1.6% in the last 24 hours, trading at $0.00123. The whole crypto market is +0.4%, so this is mostly a market-wide move. Bitcoin, which it partly follows, is +0.4%.
Will Nervos Network go back down?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: CKB is −14.86% over 7 days and −5.10% 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, CKB'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.