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Trend Shift08CRYPTO2026-05-04

CHZ erases April rally in 5 sessions — down −17.5% from Apr 23 peak, near 90-day low

  • CHZ (Chiliz) peaked at $0.0503 on Apr 23 and has since closed lower in 4 of the following 5 sessions, falling to $0.0415 by May 2 — a −17.5% decline that fully reverses the April gains.
  • The Apr 20 surge of +15.1% preceded the rally; CHZ has since unwound those gains and sits just 29.5% above its 90-day low of $0.0321.
  • The reversal occurred on steady to elevated volume: Apr 29 saw 1.49 billion tokens traded, the highest single-session total in the reversal window, suggesting active selling rather than a quiet drift lower.

Supporting queries

To surface this insight, Baselight ran 5 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

CHZ Apr 23 close (peak): $0.05030; May 2 close: $0.04153. Decline from peak: −17.5%. Apr 20 gain: +15.1%. Down sessions in reversal: Apr 24 (−4.0%), Apr 28 (−9.2%), Apr 29 (−6.8%), Apr 30 (−2.7%), May 2 (−0.4%) = 4 of 5 sessions. 90-day low: $0.03207; current close is 29.5% above that floor. Apr 29 volume: 1.49B tokens (highest in reversal window).

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