$BitMine Immersion Tech(BMNR.US) Look at $Strategy(MSTR.US)! Now look at yourself! How come it can gap up and break through the MA100 moving average directly, while you're still stuck in this range, barely alive?!

Longbridge - ♾️
♾️

In this round of rapid rebound, $Invesco QQQ Trust(QQQ.US) has already risen by 15 points, breaking the previous high. $Oracle(ORCL.US), which has been declining steadily, is up 20 points, and ETH is also up 20 points.

What about $BitMine Immersion Tech(BMNR.US)? Its position is already so low, yet there's no movement at all. When the broader market corrects, how will it move then? Although the bottoming characteristics are quite obvious now, I think it's still in a slow accumulation phase. But to truly start a rally, it needs a high-volume bullish candlestick of 100 million, quickly breaking through 25, to break the current state of all moving averages being tangled together.

The copyright of this article belongs to the original author/organization.

The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.