CC rebounds from 0.12362, and the MACD on the 15-minute chart has already shown a golden cross signal, indicating that the short-term bullish momentum is quite strong. It previously surged to 0.14398 but failed to stabilize, then entered a phase of oscillation and correction. However, from the perspective of large account holders' long-short comparison, whether in terms of the number of accounts or actual holdings, there is a gradual tilt towards the bulls — the key point is that funds have not truly exited the market but are repeatedly consolidating at this price level.

This range-bound oscillation after a high-level pullback suggests that as long as the support at 0.124 below can hold, there is a good chance of testing the 0.13 level above. After all, the current bulls are clearly operating in the shadows; the value of the holdings in accounts has not significantly shrunk despite the overall decrease in total holdings, indicating that funds are indeed using the oscillation to position themselves.

However, it is also important to stay rational. The 4-hour MACD indicator is still oscillating in the bearish zone and will not reverse immediately in the short term. Based on the rhythm of this rebound, at least attention should be paid to the performance of the 0.13 resistance level. If this level can be effectively broken through, there is still a chance to revisit the previous high near that area.