Candlestick gap is a fascinating point on the chart! Generally, gaps like these can occur due to several reasons:
1. Market Closure: If trading was paused, say, overnight or due to a holiday, a gap could appear when the market resumes with price changes due to new developments.
2. High Impact Events: This could be a reaction to major news, such as regulatory changes, macroeconomic factors, or announcements affecting the crypto market.
3. Liquidity Issues: If trading volume is low for this asset in that period, there may not have been enough trades to fill the price levels in between, leading to this kind of "vacuum."
4. Technical Errors or Glitches: Rarely, gaps might result from data feed problems or technical errors in how the chart is rendered on the platform.
