$CHIP Brothers, CHIP has risen from 0.061 to 0.068, now stuck at 0.065 with sideways fluctuations, clearly the hype hasn't fully cooled off yet, but no new funds are entering either. A few days ago during the surge, trading volume exploded, now the hype has halved, but the AI computing power concept is still in the spotlight, and capital absorption is stronger than other altcoins. Looking at the 30-minute chart, Bollinger Bands are narrowing, moving averages are all clustered together, just waiting for a direction choice. The bulls still have some momentum, with a lot of trapped orders above 0.068-0.070. Only when it breaks through can we say there's a reversal; otherwise, it's just oscillating and distributing.

The highest rebound touched 0.0708, the ceiling; going higher to 0.078 is basically impossible to push through. On the downside, if support at 0.0613 can't hold, it could drop straight to 0.060. For conservative traders, don't chase highs recklessly; wait for a pullback to 0.063-0.064 to go long, set stop-loss at 0.060, and take profit at 0.069. For more aggressive traders, now consider small long positions around 0.065, with a stop-loss at 0.062 and take profit at 0.070. For short positions, don't open them recklessly now; only short near 0.070 if it spikes up, with a stop-loss at 0.073 and take profit at 0.064. Currently, it's clearly oscillating with a slight bullish bias, follow the low buy trend, don't fight the trend aggressively, as the hype hasn't fully faded, and there's still a chance for another surge. $BTC $ETH #WCTC交易王PK