$CRCL US plans to promote offshore use of the US dollar stablecoin ๐ฅ
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๐ด $CRCL US plans to promote offshore use of the US dollar stablecoin โ short-term bullish
โ ๏ธ Technical analysis: The daily moving averages are in a bullish alignment and diverging upward. The medium-term trend remains healthy, but the 4h bearish alignment suggests a pullback is still underway in the short term. Currently, the price is 92.07 and is above the daily support level at 78.41. The overhead resistance is 105.75. The 4-hour MACD green histogram is narrowing, and volume is down significantly with a volume ratio of only 0.05โthis indicates a low-volume pullback and โwashoutโ consolidation. The KDJ K line has just crossed above the D line and has not entered the overbought zone; there are signs of a short-term stabilization and rebound.
๐ข Market updates: The US plans to promote the offshore use of US dollar stablecoins. Circle, as the issuer of USDC, is the most direct beneficiary. Expectations for policy easing are heating up, which is positive for long-term demand, and overall market sentiment is warm.
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๐ Watch out for first-hand market updates and sudden moves ๐
#ๆๆฏๅๆ #็พๅฝๆๆจๅจ็พๅ ็จณๅฎๅธๆตทๅคไฝฟ็จ #CRCL
๐ When trading, pay attention to whether the candlestick patterns match
โโโโโโโโโโโโโโโโโโโโ
๐ด $CRCL US plans to promote offshore use of the US dollar stablecoin โ short-term bullish
โ ๏ธ Technical analysis: The daily moving averages are in a bullish alignment and diverging upward. The medium-term trend remains healthy, but the 4h bearish alignment suggests a pullback is still underway in the short term. Currently, the price is 92.07 and is above the daily support level at 78.41. The overhead resistance is 105.75. The 4-hour MACD green histogram is narrowing, and volume is down significantly with a volume ratio of only 0.05โthis indicates a low-volume pullback and โwashoutโ consolidation. The KDJ K line has just crossed above the D line and has not entered the overbought zone; there are signs of a short-term stabilization and rebound.
๐ข Market updates: The US plans to promote the offshore use of US dollar stablecoins. Circle, as the issuer of USDC, is the most direct beneficiary. Expectations for policy easing are heating up, which is positive for long-term demand, and overall market sentiment is warm.
โโโโโโโโโโโโโโโโโโโโ
๐ Watch out for first-hand market updates and sudden moves ๐
#ๆๆฏๅๆ #็พๅฝๆๆจๅจ็พๅ ็จณๅฎๅธๆตทๅคไฝฟ็จ #CRCL
๐ When trading, pay attention to whether the candlestick patterns match
