The market just released a major piece of news—the ecosystem fund of this public chain has completed its 34th quarterly token burn, with a total of $1.277 billion worth of tokens directly destroyed. This move has a significant impact on the market: burning tokens directly means the circulating supply is permanently reduced, which is a genuine long-term positive for value storage. However, short-term traders are not focused on this; everyone is more interested in whether tonight can break through the psychological barrier of 960.

The technical details are worth a close look. The 923 level has already blocked three downward attempts; holding steady here indicates that the bulls' bottom line is solid. The 943 level acts as the dividing line between bulls and bears. Since yesterday, after reaching a high of 955 and then pulling back, the price has been oscillating around 938. On the surface, it looks like the bears are suppressing the price, but a closer analysis shows this is just a facade—the key is that each pullback precisely lands on the support zone between 923 and 936, and trading volume around 938 has significantly decreased. This precisely indicates that the bears' strength is waning, while the bulls are actively building positions behind the scenes. Once the 943 level is effectively broken, the upside space will open directly to 960, with the possibility of rushing toward 1000.

From a market psychology perspective, ordinary traders might panic seeing multiple rejections at 938, but this actually indicates that the main force is preparing—only by fully absorbing the lower chips can they push the price higher with greater strength. If tonight's breakout of 943 occurs, it will usually lead to a direct surge toward 960, with at least a $25 increase, which can sustain for a long time.

Regarding specific trading advice: players holding positions do not need to rush to sell; as long as the support zone between 923 and 936 is not effectively broken, they can hold confidently and wait for a rally. Those looking to add to their positions can watch for opportunities when the price pulls back to around 936. The key is patience—such repeated fluctuations do test one's mentality, but from the main force's perspective, this is just a necessary phase of shakeout.