Nervos (CKB) Price

Why Did Nervos (CKB) Fall in the Last 24 Hours?

At 04:00 UTC on 2026-11-09, the candlestick volume was about 12.18 million CKB, worth roughly $11,000 at the closing price, indicating subdued trading during that interval; the narrow price range does not represent the entire preceding period. The order book at the time showed buy-side depth about 12.76 times sell-side depth, but roughly 92.7% of the buy orders were concentrated in one large order. A sell wall also accounted for 42.1% of sell volume across the top five levels. In a shallow order book, a small number of large orders can have an outsized effect, so the depth ratio does not by itself indicate stable buying support. Technical signals were mixed: the 4-hour and daily RSI readings were oversold, and the 4-hour ADX was 67; the 1-hour moving average was bearish, while the 15-minute ADX was 15.14, indicating a weak short-term trend. Low liquidity and concentrated orders may amplify selling pressure, but these data alone cannot confirm the cause of the decline or a trend reversal.