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$INJ Is this ambush wave considered a victory?
Or can the old mountain village hold on!
A clear upward trend has formed on the 15-minute chart.
Buyers are driving the price to new highs with strong continuous candles.
Trading volume supports this movement, and the price remains above the key level, with buyers entering during the pullback.
The structure remains bullish!
Higher lows are forming on lower time frames. Staying above the 5.0 support zone, it may continue to move toward higher resistance levels.
Don’t ask me where to take profits!
You can exit whenever you want!
After all, if holding long-term affects your mindset, then there’s no need to hold!
Market decline: BTC temporarily dropped below $80k (-1%), ETH fell over 2%, and XRP, DOGE, and others followed suit.
Contract liquidation: Over 96k traders worldwide were liquidated within 24 hours, totaling approximately $277 million, with long positions making up the majority.
Reasons for the decline: US April CPI exceeded expectations, boosting concerns about interest rate cuts, combined with tense Middle East geopolitical tensions, leading to risk-averse capital outflows.
Focus for the future: The market is watching the regulatory vote on the US "Bitcoin Clarity Act" scheduled for tomorrow (May 14th). If approved, it could constitute a medium- to long-term positive signal.