$EUL brothers, EUL has doubled directly—within 24 hours it’s been surging over 100%! This wave is riding on the Korean Upbit listing and the BlackRock RWA positive catalyst, directly pinning the shorts to the ground and spanking them!
On the chart, the funding rate has flipped straight to -1.22%; the shorts are actively bleeding and sending money. The daily RSI has also crazily spiked to 92—an extreme overbought zone. Once the Upbit listing “shoe drops,” it’s highly likely we’ll see a flash-crash pullback after the good news is fully priced in.
For the short term, resistance at the top ceiling is in the 2.60–2.80 range. Support on the bottom floor is at the 1.80–2.00 level.
The above is purely my personal opinion for reference only and does not constitute investment advice. Brothers who have different views are welcome to chat in the comments! #比特币挖矿难度或下调1.2%
On the chart, the funding rate has flipped straight to -1.22%; the shorts are actively bleeding and sending money. The daily RSI has also crazily spiked to 92—an extreme overbought zone. Once the Upbit listing “shoe drops,” it’s highly likely we’ll see a flash-crash pullback after the good news is fully priced in.
For the short term, resistance at the top ceiling is in the 2.60–2.80 range. Support on the bottom floor is at the 1.80–2.00 level.
The above is purely my personal opinion for reference only and does not constitute investment advice. Brothers who have different views are welcome to chat in the comments! #比特币挖矿难度或下调1.2%