0.1685 is the line between life and death — break it, and it's the abyss; hold it, and it's ascension!



Precise market interpretation

Ultimate confirmation of the key level

Watershed evidence: The chart clearly marks 0.1685 USDT (current price overlap), a battleground for bulls and bears.

Pressure from dual ghosts knocking at the door: 0.1700 (short-term resistance) and 0.1846 (strong resistance zone), with the red markers in the chart forming a double ceiling.

True support level: 0.1558 (strong support marked in green on the chart) not the original text of 0.1657! Last night's spike accurately reached this level.

Moving average password update
Currently, the MA5/MA10 death cross is suppressing the price, sticking to the range of 0.1685-0.1700 (not the original single point of 0.1685), forming a $2 strangulation zone.

News dynamics

Major bearish confirmation: BlackRock's BTC ETF saw a net outflow of $360 million in one day (far exceeding earlier data), causing Bitcoin to break below $67,000, triggering a bloodbath in altcoins.

On-chain activity: Corrected to a certain whale accumulating 420,000 MAGIC (approximately $71,000) at a low, with a cost price closely watching the 0.1558 support.

Tonight's bombshell: If Powell speaks at 22:30 suggesting a delay in interest rate cuts, MAGIC may face a leveraged sell-off.

Revised bold statement

"The true bottom is at 0.1558! Last December, MAGIC bounced 120% from this level, history may repeat itself."
Reality verification:

This morning, after a spike to 0.1558, it quickly pulled back, verifying the validity of the support shown in the chart.

If it breaks above 0.1700 with volume, it will trigger a wave of short stop-losses.

New mantra: "Don't catch the knife below 0.1685, if it breaks 0.1700, chase the rise without hesitation!"

Death hook

"Brothers! Let the chart do the talking:
Bullish scenario: Stabilize at 0.1685 → explode past 0.1700 → directly attack 0.1846
Bearish scenario: Break below 0.1558 → spiral down to the abyss at 0.1381
Show your position screenshot + battle plan! Before Powell's speech, the battle at the peak of the Forbidden City!



#突破交易策略

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