IR has recently experienced a noticeable short-term rally, with the current price around 0.15938. From the candlestick patterns, the 3rd, 4th, and 8th candles show strong bullish lines accompanied by significantly increased trading volume, which is a typical sign of main capital continuous pushing. Notably, after the appearance of the 7th strong bearish candle, the 8th candle completed a rebound with a large real body ratio of 91.3%, fully indicating that the bulls have a strong willingness to absorb, and this is also the core driving force behind the sustained rebound.

From the cycle indicators, the market is currently in a high-volatility state, with an average fluctuation range of 3.71%, and the battle between bulls and bears is very fierce. However, the trend of three consecutive bullish candles also serves as a warning—signs of overheating are beginning to appear, and the risk of chasing the high is gradually increasing.

Regarding short-term trading strategies, there are several options. The first is an aggressive long position, entering with a small position around the current price of 0.159, but be sure to set a stop-loss below the previous strong support at 0.153. The second is a more cautious approach, waiting for a pullback confirmation; once the price returns to the 0.155-0.157 range and stabilizes, consider going long, with the stop-loss also set at 0.153. The third is if the price cannot effectively break through the previous high of 0.165 or shows signs of stagnation, then short-term short positions may also be considered, but quick in and out and risk control are essential.

Overall, the bulls still hold the advantage, but in such a high-volatility environment, stop-loss management and risk control are crucial and should not be overlooked.