Brief Description of Volatility

Over the past 24 hours, the IR price rebounded from a low of $0.03953 to a high of $0.05705. Currently, it is $0.047, with an amplitude of 44.3%. Trading volume sharply increased to approximately $3.96–$5.96 million, a 176.5% increase compared to the previous period, reflecting activity in short-term trades.

Analysis of the Cause of Anomaly
- TermMaxFi launched a new lending market on Berachain on April 11, supporting Infrared sIR as collateral to attract HONEY (fixed rate), and integrated Beefy vaults, which increased liquidity and protocol applicability, directly causing strong price fluctuations (40.9%–47.5%).

- There are no reports of significant on-chain whale transactions or net capital inflows/outflows; volatility is mainly driven by short-term interest from DeFi ecosystem buyers after integration.

Market Views and Forecasts
The main sentiment among the community and traders remains cautious. On platform X, discussions mention a 4.6-fold increase in sales after the pump and the formation of a double top, with further correction expected to support levels at 0.04492 and 0.04176; it is recommended to wait for confirmation of a rebound before opening short positions or hedging. If the level of 0.04856 is maintained and accompanied by buying, it could be a signal of absorption and a reversal toward 0.051+. Short-term risks include the unlocking of approximately 27.64 million tokens on April 17 (about $1.01 million), which could put downward pressure on the price.