About $RAVE, I want to save it for the grand finale.



This weekend, I went through all the highly volatile assets in the market, and I consider myself accustomed to the waves, but when I saw this chart, I still took a deep breath.

Today’s candlestick was firmly suppressed at the 0.68 level, with an intraday range of less than 3%, appearing calm on the surface. What’s truly worth warning about is the trading volume below at 112 million USD, and the MA5 / MA10 / MA20 almost tightly aligned—such a level of moving average convergence often indicates a period of silence before the storm in market intuition.

This is definitely not “stuck,” but a signal that four shock absorbers are compressed to the limit. Comparing to the high point of 0.9144 on the left, it’s clearly in a recovery phase after a major plunge. There are only two possible scenarios: either the main force patiently refines the “cup and handle” pattern, or they use the dense moving average zone to execute a deadly fake breakout, then break through the key level in one go. Whatever the case, big volatility is inevitable after the silence. $BTC $ETH
ETH0.32%
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