Trend Shift02CRYPTO2026-05-17

Optimism falls seven consecutive days — down 30.6% from its 90-day high

Optimism (OP) has closed lower every day since 8 May, falling 20.5% over seven sessions from $0.172 to $0.137 by 15 May.
At $0.137, OP sits 30.6% below its 90-day high of $0.197 — a significant pullback that has erased most of its recent gains while Bitcoin held near its own highs.
OP remains 34% above its 90-day low of $0.102, so the longer-term floor has not been breached, but the directional momentum has clearly reversed.

Supporting datasets

CoinDesk Indices: Single Tokens, Multi-Assets and Rates

Candlestick data for various CoinDesk indices

3 tables52.24 MB

May 30, 2026

Supporting queries

To surface this insight, Baselight ran 6 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

OP close 8 May: $0.1719; close 15 May: $0.1367; 7-session decline: −20.47%. 90-day high: $0.1971; 90-day low: $0.1020. From 90d high: −30.64%; above 90d low: +34.06%. Seven consecutive down days confirmed by streak query ending 2026-05-15.