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#鲍威尔讲话 I noticed this asset a few days ago. At that time, it was obviously in the Accumulation stage, with the price constantly moving sideways, which was quite torturous. Today, it suddenly saw higher trade volumes and pumped up, making the trend lively.
From a technical perspective, this wave of increase is mainly due to emotional recovery combined with capital inflow. After experiencing a round of sell-off, the chips have become more concentrated, and the floating chips have basically been cleared, which naturally reduces the selling pressure. In this case, not too much incremental capital is needed to push the price up. Additionally, with the recent revival of narrative enthusiasm, short-term speculative capital has started to enter and follow the trend.
The details of the order book are quite evident — the market-making intensity is increasing, and the candlestick chart shows a typical "low-volume consolidation → higher trade volumes breakout" emotional reversal pattern. Once this structure is established, there is often a series of upward movements that follow.
Currently still observing the subsequent performance of this target.