EIGEN showing signs of life after getting absolutely wrecked recently. We're seeing a 4.1% bounce in the last 24 hours, which stands out when the broader market's still bleeding -0.7%.

Context matters here: this thing dropped 19% over the past week and a brutal 60% in the last month. So yeah, we're still deep in the red overall.

What's driving this bump? Two factors catching attention. First, the technical picture—RSI hit 19, which screams oversold territory. Classic bargain hunting behavior kicking in when metrics get that extreme. Second, there's chatter about SharpLink moving $200M into the space, which could explain some institutional appetite returning.

Not saying we're out of the woods, but after a 60% nosedive, even a 4% pop gets people watching. Keep an eye on whether this bounce has legs or if it's just another dead cat situation.