IMHO, Bitsend is a trend hugging coin. The price movements of BSD reflects Bitcoin's and not much of a trend on its own. So, basically it's like Dogecoin, where you know it has a bottom and a ceiling. If Bitcoin grows, so does Bitsend.
I had also noticed the same thing; seems to bounce almost always between 5-6000 satoshi to 13-15000 satoshi, just like the dogecoin ..... "easy" operations 2-3 times a year
So this could also be a good strategy for the accumulation of Bsd, and now it seems to be a good moment, because it is at the bottom of the channel mentioned above.
All this is true as long as Bitcoin maintains its price range between $ 6,000 and $ 10,000; if it were to break the strong annual support of $ 6,000, I fear that it could pull down all the other currencies heavily.
