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$TAG The most interesting part of this move is that the market first crushed sentiment to rock bottom, and then suddenly launched a fast counterattack.
After the price had been ranging sideways for a long time, it quickly dipped, hitting a low around 0.0003234. Many people basically lost interest when they saw this kind of action, but then the funds suddenly flowed back in, and the price surged all the way up, topping out around 0.001147.
Now it’s back in the 0.0009 area. What I’m focusing on more is how the rally gets follow-through—how buyers continue to absorb/support after this upswing.
If the price can hold steady around 0.0009 and break back above the 0.001 level again, there’s still a possibility that upside room continues to open.
But if it keeps weakening after pushing higher and breaks below the current support, we also need to guard against short-term funds taking profits and exiting.
The most common problem with this kind of market is that after a rally, people chase in—right at the hottest point of sentiment.
For those who are following along, focus on the rhythm. Don’t rush to guess the top, and don’t blindly chase the price. Wait for the market to give the next signal.$BTC $ETH #特朗普宣布美伊停火结束