On January 15th, the 34th quarterly burn was implemented, combined with the continuous rise in activity within the chain ecosystem. This cryptocurrency has indeed shown remarkable resilience in this round of market conditions. Compared to other assets that experienced significant pullbacks, its ability to withstand declines is clearly ahead, which also explains why it has become a key focus for many investors.
From the daily chart, the previous high of 928 has already completed a role reversal and can now be effectively viewed as a support level. More worth expecting is that breaking through the 1000 mark has a clear foundation. As long as the trading volume is appropriate, the probability of a second breakthrough remains quite promising. From a trend perspective, the bullish outlook still holds.
By the way, some innovative tokens on the chain have indeed been quite popular recently, and early investors have already tasted the benefits. Market opportunities are right in front of us. If you want to participate, holding some related assets is definitely a good idea.
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WhaleMinion
· 4h ago
Position 928 is indeed solid, but whether it reaches 1000 depends on the trading volume.
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AirdropChaser
· 14h ago
Position 928 is indeed quite critical, but whether it reaches 1000 depends on the trading volume.
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PhantomMiner
· 14h ago
That support at 928 really paid off; now it's just a matter of whether the trading volume can be strong enough.
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TokenVelocityTrauma
· 14h ago
That support level at 928 is really solid. Looking at the 1000 mark, it doesn't seem to be a big problem.
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ForkInTheRoad
· 14h ago
Position 928 indeed didn't break through, it seems to have the confidence to push to 1000
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HashRateHustler
· 14h ago
928 acts as support, and 1000 still depends on trading volume. This wave is indeed quite interesting.
On January 15th, the 34th quarterly burn was implemented, combined with the continuous rise in activity within the chain ecosystem. This cryptocurrency has indeed shown remarkable resilience in this round of market conditions. Compared to other assets that experienced significant pullbacks, its ability to withstand declines is clearly ahead, which also explains why it has become a key focus for many investors.
From the daily chart, the previous high of 928 has already completed a role reversal and can now be effectively viewed as a support level. More worth expecting is that breaking through the 1000 mark has a clear foundation. As long as the trading volume is appropriate, the probability of a second breakthrough remains quite promising. From a trend perspective, the bullish outlook still holds.
By the way, some innovative tokens on the chain have indeed been quite popular recently, and early investors have already tasted the benefits. Market opportunities are right in front of us. If you want to participate, holding some related assets is definitely a good idea.