Analysis of today's price increase reasons
Technical-driven (core factor)
Key breakthrough confirmation: The resistance level at the previous high of 0.1802 has been effectively broken recently (marked in the chart). Today's price increase is essentially a continuation of the trend after the breakout, validating the bullish dominance.
TD sequence signal reinforcement: The "13" pullback termination signal has appeared multiple times (e.g., around June 1), and the recent "9" bullish structure (after June 15) further stimulates buying, creating technical resonance.
Position support: The "Position" indicator shows that positions have steadily increased since June (especially a significant increase since June 3), reflecting that major funds are continuously entering the market, providing liquidity support for the price increase.
Potential news catalysts
Although there is no direct information in the chart, the upward trend aligns with the recent market hype around new public chain ecosystems (such as expectations for new coin listings on Coinbase). It cannot be ruled out that the project team may release unannounced good news regarding node upgrades or partnerships to attract follow-up capital inflow.
Future market direction analysis
Scenario 1: Continuation of strength (probability 60%)
Key conditions: The daily close must stabilize above the neck line at 0.1800–0.1802 (historical congestion area in the chart) to open up space above.
Target path: Short-term attack at the integer level of 0.1900 (psychological resistance on the right vertical axis), medium-term challenge at 0.2000+ (need to pay attention to the continued increase in volume).
Scenario 2: Pullback consolidation (probability 40%)
Risk signal: If the price quickly falls below 0.1795 (critical support in the chart), we need to be cautious of a new "13" sell structure forming in the TD sequence, which could lead to a pullback to the 0.1684–0.1600 support platform.
Position warning: If a sudden decrease in positions occurs in the "position explosion" marked area, it will exacerbate the depth of the pullback.
Strategy: Long positions suggested to hold with a defense level at 0.1795, while those in cash wait for a pullback and stabilization at 0.1750 to enter; closely monitor TD sequences and changes in positions, and decisively exit if the trend is disrupted.
Key conclusion
Today's price increase is essentially a result of a technical breakthrough (previous high + TD signal) and increased capital investments. The short-term bullish pattern is clear, but the effectiveness of the 0.1802 area will determine the continuity of the trend. If it breaks and holds, it will create upward space; otherwise, we need to guard against major players cashing in on favorable news.
Opportunities are fleeting, a pullback is imminent, bottom-fishing in spot markets, and the altcoin profits are waiting for you! Doubling is not a dream, tap on my avatar to follow me, and let's join the bull market feast!
$KAIA #市场波动，加仓还是观望？
