Is the surge of MKR a pullback by the whales or will it continue to decline 📉

🔥 MKR surged by 60%, but be cautious! 🔥 This week, MKR skyrocketed since February 16, reaching nearly $1,600, an astonishing rise. However, the resistance zone at $1,750 may mark the end of the rally, and warning signs have begun to appear in the market.

Despite the destruction of $157 million worth of MKR on February 20, which should have boosted the price, the upward trend could not be sustained. Technically, both MACD and CMF are showing bearish signals, and the resistance zone at $1,730 has repeatedly proven difficult to break.

⚠️ **The selling opportunity may have arrived!**

MKR is approaching $1,755, which could trigger liquidation; breaking through $1,800 is necessary to have a chance for further increases; otherwise, risks will escalate. Traders should consider taking profits here, remain vigilant, and wait for further developments instead of blindly opening positions! Newcomers to this space have much to learn, and luck will not always be on your side. #比特币价格走势分析 #MKR #MKR📈