$CKB has seen a solid 10.418% price change over the past 24 hours, suggesting strong bullish momentum in the cryptocurrency market, which is currently in an uptrend. Trading between a high of 0.005371 and a low of 0.0048, it has bounced off the lower Bollinger Band, indicating potential overbought conditions approaching the upper band at 0.005405. Key support at 0.004433 and resistance at 0.005371 suggest strategic trading levels. Currently, Bitcoin's negligible influence may indicate a decoupling, allowing CKB to act independently. Given the volatility and market dynamics, traders should consider a short-term approach to capitalize on fluctuations while monitoring macroeconomic factors such as inflation and regulatory developments. The key takeaway is the potential for CKB’s continued growth should it maintain above the support level, making it a candidate for focused trading strategies.