As a crypto veteran who has been watching the market for 5 years, I must speak frankly today. This market trend is definitely not a 'castle in the air,' but rather an inevitable result of multiple logical resonances. If you miss this opportunity, next time you might really have to chase after a price of 1200!
Let's first talk about what everyone is most concerned about: what is supporting this wave of increase? The answer is 'Iron Bottom + Macroeconomics + Technology' triple buff stacked! First, let's discuss the support level; this mainstream coin is considered 'Diamond Bottom' in the 890-900 range. In the past week, it has tested this level three times and was forcefully pulled back each time, with trading volume also increasing correspondingly. Anyone with a discerning eye can see that the main funds are crazily accumulating in this area, which is not something retail investors can create. The fans around me who have positioned below 900 are now almost reaching a 15% floating profit; this is the confidence of 'buying at the support level'!
Looking at the macro side, two major signals have recently 'unbound' the market: first, the US government shutdown crisis has seen a turning point, with a short-term funding plan reaching consensus, which has directly eased market anxiety over tightening liquidity; second, the relevant team has released signals for tariff adjustments. If implemented, global risk assets will be impacted, and cryptocurrencies, as a 'risk appetite barometer,' will naturally be the first to be grabbed by funds. This mainstream coin, as the ecological leader, will be the first to reap the benefits.
The technical aspect is even more of a 'clear signal to go long'! The Relative Strength Index (RSI) has skyrocketed from the oversold zone below 30 to 52, completely escaping the danger zone, indicating that the upward momentum is not yet exhausted; the 24-hour trading volume has surged by 21%, breaking through 2.9 billion USD, and the pattern of 'volume and price rising together' is evident, which means that buying pressure is still entering the market, with no signs of a peak in the short term.
The old cannon will draw a key price level for everyone: currently, this coin faces a resistance range of 1020-1085, where 1020 is the 'death line' for the medium-term trend. As long as it can break through this level with volume, the next target will directly look towards the 1150-1200 range, with a conservative estimate of over 15% more upside potential! Moreover, the long-term logic is even stronger; the DeFi locked amount on its ecological chain has recently surged by 18%, and the subscription enthusiasm for new projects is comparable to 'spring transportation ticket snatching.' The inflow of funds into related index funds is also continuously increasing, all of which are the 'core fuel' supporting the long-term strength of the price, which cannot be sustained by short-term speculation.
