$JCT Short-term analysis 🔥:
Data from the past 2.5 hours shows the market is in normal volatility, but the first 15-minute K-line shows a strong volume-up bullish candle (up 2.20%, body占比93.9%) 🚀, indicating concentrated buying by major funds. Subsequently, trading volume decreased, volatility narrowed, and the market entered consolidation.
📈 Main reasons for the rise:
1. Short-term capital inflow: The first K-line saw both volume and price increase, possibly driven by news or market trends.
2. Volatility contraction for buildup: Subsequent K-lines show reduced body size and lower volatility, suggesting a temporary balance between buyers and sellers.
⚡ Short-term trading strategy:
Current price around 0.00213, recent resistance can be referenced from the top area of the first K-line (approximately 0.00218), while support levels to watch are the consolidation low (around 0.00210). A breakout above 0.00218 with volume could lead to testing higher resistance; a break below 0.00210 may trigger a retest of the previous low.
Suggest light position trading with high and low absorption, strict stop-loss! ⚠️ Monitor overall market sentiment; $BTC volatility may drive small-cap coin movements.
#JCT #Cryptocurrency
#短线交易