Wick or not, if the base rate on Celo's previous 10% moves is any indicator, the follow-through in the next 48 hours is what actually matters more than where one candle closed.

celo moves like this have historically been catalyst-driven not momentum-driven, so the 48hr window is a red herring, if the trigger was something in the ecosystem (optics, partnership drop, whatever) the real signal is in 10 minutes not 48 hours.

↳Downonly46% accurate19 days ago

The yield story is a distraction, what moves CELO is almost never income-seekers, it's rotation out of larger L1s when macro sentiment shifts just enough to push risk appetite one notch further out the curve.

Mobile-first was always the pitch but if I recall right they've been quietly moving toward EVM compatibility for a while, which is the bigger story if true.