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BARD (Lombard) 24-hour volatility reaches 41.0%: Token unlocking event triggers sell-off correction

BARD (Lombard) 24-hour volatility reaches 41.0%: Token unlocking event triggers sell-off correction

Bitget PulseBitget Pulse2026/03/18 13:44
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By:Bitget Pulse

Volatility Summary

In the past 24 hours, BARD's price has peaked at $1.19989 and dropped to a low of $0.85126. The current quote stands at $0.85126, marking an amplitude of 41.0% and exhibiting a clear trend of high-point correction. The 24-hour trading volume has significantly expanded to approximately $22.7 million–$66.7 million, up by more than 13.7% from the previous day, indicating increased market activity.

Brief Analysis of the Cause of Movement

• Token unlock supply shock: On March 18, roughly 32 million BARD tokens (worth about $35 million at $1.07) were unlocked, increasing circulating supply from 225 million to 257 million—a 14.2% expansion, equivalent to 2.6 times the day's trading volume, directly triggering selling pressure.

• Liquidity sweep before unlock: The price briefly surged to the $1.15–$1.19 range, possibly to target short liquidity above, but rapidly corrected after the unlock with no apparent whale buying support.

Market Viewpoint and Outlook

The prevailing sentiment in the community is cautious, with expectations that post-unlock selling pressure will persist in the short term to around $0.90, forming a period of volatility digestion. Bulls view the $0.90–$0.98 range as support; if the supply is absorbed within 48–72 hours after the unlock, a rebound to $1.24–$1.50 is possible. Technical analysts caution that if $0.98 is lost, risk deepens toward $0.74, whereas $1.20 above is a key resistance level.

Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring, and is for informational reference only.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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