0.6 USD Defense Battle! Why can't the favorable warm wind melt the hard ice of the technical aspect?
News Aspect: Distant water cannot save the nearby fire
NASDAQ Index Inclusion — Traditional capital entry channel opened, but institutional allocation needs to be realized over months;
Leios upgrade countdown — Theoretical throughput doubled, but ecological construction lagged behind, dragging down short-term value capture;
Whales continuously withdraw blood — After selling 150 million in April, on-chain net outflow has not stopped, buying pressure is weak
Technical Aspect: Bears reveal their fangs
Four-hour chart shows a "Death Staircase":
• Bollinger Bands tear down, price closely touching the lower track at 0.6127, oversold but no resistance, falling
Continuation pattern is obvious
• MACD death cross dives deep, green bars shrink but no cash cross, bear energy accumulates again
Bull-Bear Battleground:
Life and death defense line: 0.60-0.62
Reversal threshold: 0.70-0.74
Core contradiction: The cruel split between expectations and reality
When good news encounters technical collapse:
Long-term narrative remains intact — Index inclusion + technical upgrade lays the foundation of value
Short-term dilemma unsolvable — Whale selling pressure + liquidity exhaustion forms a death spiral
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