EIGEN jumps 15% after unlock drop: are supply fears fading?
EigenCloud’s token EIGEN jumped 15% after a post-unlock price dip, as volume and on-chain activity improved. The sell-off followed the 2 April 2nd token unlock, when EIGEN fell from around $0.17 to $0.15.
In the latest sessions, EIGEN’s rebound coincided with a broader altcoin recovery. Token Terminal data showed network fees rising to about $48K in the last 24 hours, lifting weekly revenue to roughly $112K—nearly half of that generated in a single day. Daily active users increased from 36 to 95 in two days (about 2.6x), with weekly users reaching 367. This pattern typically signals stronger participation and supports near-term price strength.
Technically, EIGEN recovered from $0.15 to around $0.187 in three days (+24%). The article notes an inverted head-and-shoulders setup that broke upward after trading reclaimed the neckline. Chaikin Money Flow (CMF) read 0.22, suggesting consistent inflows, and MACD strength supported the idea that buyers were behind the move.
Liquidity also appears to be driving the rally. CoinGlass data highlighted a short squeeze of EIGEN between $0.16 and $0.17, helping trigger the breakout. Additional liquidity was reportedly building above current prices (for continuation) and below $0.18 (a potential pullback zone).
Traders are watching whether EIGEN can hold near the neckline around $0.17 (also near the 50% Fibonacci retracement). If momentum continues, the next upside target cited is $0.20, with a daily bullish structure shift if that level breaks.
Bullish
EIGEN 的上涨发生在“解锁后下跌”的叙事之后，且回升与成交量、链上费用、活跃用户同步改善相吻合——这通常比单纯的反弹更具可持续性。文章提到的解锁后价格从 $0.17 跌到 $0.15 后，EIGEN 快速收复并突破倒头肩颈线，同时 CMF 与 MACD 指向资金流入与买盘动能。再叠加由 $0.16-$0.17 引发的短挤压，说明卖压可能被“挤出”而非持续压制。
短期来看，$0.17（颈线/50% 回撤位）附近是关键支撑；若能站稳，$0.20 的上方目标更容易触发。若回到 $0.18 下方的流动性堆积区，可能出现“先冲后回”的技术性回撤。
从历史经验看，类似“解锁抛压→成交放量+链上活跃修复→突破关键形态”的组合，往往会把解锁带来的边际不利逐步转化为动能交易机会，从而提升短期趋势延续概率。即便如此，若后续费用与用户增长回落或流动性在关键价位被快速吸收不足，行情也可能转为震荡。因此整体偏看多但需跟踪回撤承接。