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STABLE this wave of market movement is still quite interesting. After four consecutive trading days of gains, today’s candle closed with a slight downward trend, but there are no signs of a trend reversal. Starting from the bottom at around 0.0091, the support level since the rebound has been quite solid. Yesterday’s 24-hour trading volume was also good, and the high trading volume reflects the market’s recognition of this price level.
Looking at the 15-minute chart, this kind of pullback is a typical short-term shakeout. Instead of waiting, it’s better to decisively enter long positions at this moment. Such times are often good opportunities to pick up positions at low levels.
However, be mentally prepared — there may still be slight fluctuations and a bottoming process before a rally, which is normal. If you do it right, the returns can still be quite substantial. Of course, everyone’s risk appetite is different, so if you’re bearish, you can also take a reverse position. The most important thing is to be responsible for each of your investments.