Today’s early trading candlestick gives a significant signal. The previous strong resistance level of $0.00000424520 has been effectively broken through, and a retest confirmation has been completed, with the price firmly holding above this level. From a market psychology perspective, this means the tug-of-war between bulls and bears has completely tilted in favor of the bulls.

The technical aspect is indeed interesting. Consecutive large bullish candles have completely pulled the price away from the pressure zones of the 7-day, 25-day, and 99-day moving averages, with the entire moving average system forming a standard bullish arrangement. Most importantly, the trading volume has not dropped off; as the price rises, the volume also expands in sync. This pattern of rising price and volume indicates that the upward movement is not artificial, and genuine funds are behind the push.

From a chip perspective, the top 10 holdings’ proportion has fallen to 10.27%, indicating that large investors are gradually dispersing their chips. Liquidity has also increased to 9.84 million RMB. This change suggests that market participation is increasing, and the buying power of the support side is strengthening. If the market continues to rise, it will be more stable.

Looking ahead, if the volume continues to grow at this pace, the next target of $0.00000436429 could be challenged. Once this level is broken, the space above will truly open up. The most critical factor at this stage is trading volume; whether volume can sustain will determine how far the trend can go.

Currently, the market is dominated by bulls. A retest without breaking support is an entry opportunity. What do you all think? Do you have plans to enter?