【Tortoise Professional Market Analysis】Brothers, I am your old friend Tortoise, just finished reading the K-line and came to deliver the hot B/USDT market interpretation!

Technical Impact:

Currently, the 1-hour level is playing a beautiful bullish arrangement! MA7 and MA30 are climbing at a 45° angle, and the price is jumping on the pole at 0.4370. What’s more, MACD made a golden cross underwater at three in the morning, with DIF just breaking above DEA (0.0281), and the bars turned red with increased volume—definitely a charge signal!

But while monitoring the market, I noticed a detail—above 0.4772~0.5000 there is a huge amount of trapped positions from May 29, and without a threefold increase in volume, don’t think of breaking through easily. Looking at Fibonacci, the 0.618 golden level is just stuck at 0.4533, I suggest brothers to reduce positions in batches in this area.

News Update:

Internal news leaked this morning that the Blur platform will soon integrate BendDAO's NFT mortgage lending feature on June 3, which is like installing a turbocharger for the BLUR ecosystem; the Binance futures battlefield is going crazy!

The open interest for BLUR/USDT perpetual contracts soared to 42.15 million dollars, and the funding rate is maintained at a healthy range of 0.036%, indicating that the bulls have enough ammunition but are not yet at a crazy level; be careful! At 8 PM Beijing time, there will be an on-chain unlocking of 23,000 BLUR, but compared to the daily trading volume of 320 million dollars, that’s just a drizzle.

(Trader's Note: If this wave can stabilize at 0.45 dollars, I will do a live stream drinking iced Americano while standing on my head!) Want to keep up with Tortoise's exciting operations? Hit follow, before the next explosive rise, I will definitely shout out in the community! #币圈神龟 #合约带单王 #巨鲸JamesWynn动态