The daily line is a long bearish candle with a long lower shadow. The trading volume is basically flat compared to the previous day, slightly lower. The bearish candle's body engulfs the previous day's bullish candle, and it is still in a fluctuating upward trend.
The daily MA30 line is still in a downward trend, and the MACD shows weakening upward momentum below the zero line.
Short-term adjustments are needed. We've been saying that RATS' main trading methods are relatively aggressive, so the price has large fluctuations in the short term, which is expected. The market for inscriptions depends on Bitcoin's movement; only when Bitcoin reaches a certain level will the consolidation period provide opportunities for inscriptions to rise.
Don't get too caught up in the current short-term trends; the weekly level of upward movement has just begun, and the main upward wave has yet to come. Buy on dips in the spot market and hold on.
Daily level resistance at 13200-14400-15300-17280, support at 11350-10500-8800
