CleanSpark performed explosively this week, rising almost 55%. It had previously fallen sharply and was severely oversold, and this rebound is fierce—strong financial report data is one aspect, but more importantly, the overall market risk appetite is warming up; just look at CIFR which also soared 40% during the same period to understand.
To be honest, the situation has completely changed in just a few days. Looking at the weekly chart, the recent performance of CLSK was indeed nerve-wracking, but now it seems to be ushering in a turning point. Market sentiment can be so extreme at times, shi
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