B3 is defying broader market weakness with trading volume jumping roughly

↗425%

over the past 24 hours as buyer interest builds.

Multiple signals pointing upward

B3 is outperforming the broader market which declined around

↘0.1%

over the past day while trading volume surged roughly

↗425%

over the same period, with buyers outnumbering sellers at a 56% to 44% ratio.

Trading activity heating up

The number of active traders increased significantly over the past 24 hours, coinciding with the volume surge, signaling growing interest in the asset across the Layer 2 space.

Positioning favors buyers

Short sellers are paying elevated costs to maintain their positions, while recent trading saw more short positions getting squeezed than long positions, suggesting the market may be leaning toward higher prices.