First, what is the Matic Network? Currently 86th in total market capitalization, the coin has been showing high volume on Binance in the last 24h. The project aims at a scalable network and low-cost transactions.
I am analysing the BINANCE:MATICBTC chart so that we can predict this kind of scenario on future coins. In short, we had a huge rally, then a period of doubt, and finally the breakout.. Right know, I think the coin is available at a discount (200% drop anyhow). The drop was due to rumors and whales from what I read.