Provyan
Home / Basic Attention Token / Volume spike on a red day

Basic Attention Token · BAT/USDT · daily

What happens to Basic Attention Token after a volume spike on a red day?

Since 2019, Basic Attention Token has shown a volume spike on a red day 33 times. In the 33 cases old enough to score, the price was higher 7 days later 61% of the time, with a median move of +3.1%. On an ordinary day the median 7-day move for BAT is −0.1%.

Weak evidence48

There is a gap, but once you allow for how many studies were run, a gap this large is luck about 56% of the time, so it should not be relied on.

Cases since 201933last on 12 Oct 2026
Higher after 7 days61%ordinary: 49%
Median 7-day move+3.1%ordinary: −0.1%
Could be luck56%allowing for 3,572 studies
Worst / best case−19% / +41%over 7 days
Median path after the signalMiddle half of casesOrdinary BAT drift
−20%−10%0%+10%+20%+30% -5dsignal+7d+14d+30d
Price change relative to the close on the signal day. Based on the 33 cases with a full 30 days of history after them.

By holding period

AfterCasesHigherMedian moveMiddle halfOrdinary medianGapBy luckProof score
1 day3348%−0.1%−2.8% to +3.3%0.0%−0.1%96%17
3 days3348%0.0%−6.4% to +10.1%+0.1%−0.1%99%17
7 days3361%+3.1%−5.0% to +7.3%−0.1%+3.2%56%48
14 days3361%+6.8%−4.8% to +16.9%−1.0%+7.8%26%53
30 days3361%+11.9%−8.4% to +33.5%−3.0%+14.9%20%66

“Ordinary median” is the median move of BAT over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 13%).

Holding it for 7 days

Typical dip on the way−6.6%ordinary BAT: −7.9%
1 case in 4 dipped past−11.4%before day 7
Fell 10% or more on the way27%ordinary: 39%
Typical best point+10.9%highest price within 7 days
Median after costs+2.8%ordinary: −0.4%
Ahead after costs61%ordinary: 48%

Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.

Did it hold up over time?

Splitting the cases by date: in the earlier 19 the gap over 7 days was +0.5%, and in the later 14 it was +7.4%. Same direction both times.

Every occurrence

One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.

DateClose+1d+7d+30d
12 Oct 2026$0.1538+28.5%+25.8%−23.2%
23 Sep 2026$0.08740+3.7%+2.7%+92.3%
22 Aug 2026$0.07150+0.1%−5.0%+18.0%
12 Aug 2026$0.05850−1.9%+7.5%+22.4%
4 Nov 2025$0.1944−2.2%+7.3%+42.0%
10 Oct 2025$0.1339+3.0%+41.4%+58.0%
31 Jul 2025$0.1557−4.8%−1.8%−1.5%
7 Apr 2025$0.1188−4.0%+3.6%+16.8%
25 Nov 2024$0.2677+5.6%+21.6%−2.5%
8 Nov 2024$0.1709+2.3%+12.6%+98.9%
5 Aug 2024$0.1524+2.7%+7.3%+6.0%
12 Apr 2024$0.2862−16.3%−13.6%−20.9%

The 12 most recent. All 33 are in the open data file.

The rule

Daily volume at least 3× its previous 30-day average, and the day closes below its open. A surge of volume on a down day is read two opposite ways: as panic that marks a low, or as distribution before more selling.

Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.

The same signal on other coins

CoinCasesHigher after 7dMedianGapVerdict
Harmony2568%+11.6%+12.9%Strong evidence · leans up
XRP2658%+5.2%+5.9%Strong evidence · leans up
Theta Network2264%+9.1%+9.7%Strong evidence · leans up
Bitcoin2060%+5.1%+4.7%Some evidence · leans up
Neo4033%−5.2%−4.6%Some evidence · leans down
Ethereum Classic3754%+1.7%+2.7%Weak evidence
Horizen2429%−6.8%−6.1%Weak evidence
Tellor3540%−4.0%−3.6%Weak evidence

Volume spike on a red day across all 94 coins

Other Basic Attention Token signals

Full Basic Attention Token record

Want to know the moment this fires again?

New signals are sealed in the public ledger at the daily close. Members see them immediately; everyone else sees them a day later.

See today's signals
62 signals sealed at the last closeSee them