#GRIFFAINUSDT is currently in the first technical pullback phase after a strong rise, with the price retreating from a high of 0.07048 to the current approximately 0.05297, a decline that has reached a certain extent, providing a basis for a short-term rebound. Overall, the MA7, MA25, and MA99 moving averages are still maintaining a bullish arrangement, indicating that the medium-term upward trend has not been broken. The current price is close to the short-term moving average support, which is likely to receive buying support. At the same time, the trading volume has significantly reduced after a high-volume increase, and the bearish energy has been fully released. If a high-volume bullish candle appears subsequently, it will likely usher in a second upward attack. Furthermore, the doubling trend from 0.026 to 0.07 indicates that this cryptocurrency has significant institutional capital involvement. The current oscillation range is highly likely to be in a washout phase, so during this process of re-concentration of chips, establishing long positions at lower prices offers a relatively high cost-performance ratio and possesses good speculative value.