#比特币对比代币化黄金 $INJ To be honest, this recent price action is a bit tricky.

The current price is hovering around $5.5, fluctuating within a narrow range of $5.42 to $5.55 during the day. There’s not much volatility, and market sentiment is clearly in wait-and-see mode.

Looking upward? The 50-day moving average is lying at $7.03, and the 200-day moving average is way up at $11.34—both are still a long way off. From a technical perspective, the medium- to long-term bearish pattern hasn’t been broken. Even if there’s a rebound, it looks more like a pause in a downtrend, so don’t expect a new trend to start.

So, the current strategy needs to change. Instead of chasing breakouts, it’s better to treat this as a range-bound asset—buy low, sell on rebounds; high-frequency trading is actually more practical. When it finally breaks out with strong volume above key moving averages, that’s when you can start looking for a trend opportunity.

At this point, patience is more important than impulsiveness.