Price of INIT at 0.8800 - Sharp rise, then decline... What’s next?

The price of INIT rose to 0.9800, marking a local peak before dropping to 0.8800. This increase coincided with the price of BTC rising towards 95,000, but as Bitcoin showed signs of fatigue, it was followed by a sharp decline.

If the price of BTC regains momentum above 97,000, it may return to 0.9500 and break through upwards. Otherwise, downward pressure may push it towards 0.8300 and 0.7900.

Momentum indicators are calming, but the structure remains intact - all eyes are on Bitcoin for the next move.

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