Lckiy

Monthly line, just closed. 1. The continuous three candlesticks in July, August, and September, is the increase in candlestick height getting smaller? July was a large upward candlestick, and August's trading volume was slightly larger than July's. The candlestick body has already become much shorter than August's, and the upper shadow is quite long, indicating a potential volume stagnation. September's candlestick directly turned into a downward candlestick, and it was extremely low volume, proving that there are fewer people chasing high prices at high levels. Without buying pressure, how can prices rise? Looking at the comprehensive situation of July, August, and September, it shows a process of bullish exhaustion and a shift to bearish dominance. 2. The left-side horizontal resistance at 4630 was not surpassed. 3. The MACD fast and slow lines and the energy bars are both diverging. Therefore, from the monthly perspective, the outlook is severely bearish.

***** $FLOKI 2025 annual increase and trend
Price at the beginning of the year (2025/01): about $0.000059–$0.000070 (receding after the 2024 high)
Mid-year low point (2025/06): dropped to $0.0000593
July to August: rebounded to $0.0000850, technical indicators show signs of a breakout
Price from October to November: about $0.00007143~$0.000048, below the mid-year high, consolidating downwards
Annual volatility range: $0.00005 ~ $0.0000850, an increase of about +20% (rebounding from the low), but overall still oscillating.

***** Key factors affecting the increase
Valhalla game launch (2025/07)Driving NFT minting (125,000 items) and 1 million transactions, boosting token demand in the short term.

$BTC Naked charts reveal the essence of the market; news can be deceiving, but candlesticks do not.
First, both the monthly and weekly charts are trending downwards. Let's first look at support; currently, the weekly price has reached the trend line (pink) and has not broken through the horizontal support, as shown in the image.
Now, let's analyze at the daily level in detail. First, identify resistance; the daily horizontal resistance is 91554, and the 4-hour horizontal resistance is 88884. I've labeled each candlestick with a number for easier description. The 1st candlestick is a massive pin bar, which should indicate institutional behavior. In previous articles, I've mentioned multiple times that the monthly support at 82550 and the integer level at 80000 are both strong supports. This long lower shadow indicates that buying around 80,000 is indeed strong. Looking at 1, 2, and 3 together, it forms a morning star pattern, which is bullish; at this point, we need to observe the rebound strength of the subsequent candlesticks. The 4th is Monday; logically, the trading volume should be large, but it is only slightly more than the 3rd, and the real body of the bullish candlestick has also shortened. Compared to earlier, the trading volume is inadequate. The 5th is Tuesday; compared to the 4th, the volume has shrunk again. Among limited buying, selling is stronger than buying, as the candlestick has closed bearish. Volume is a leading indicator of price; without the support of trading volume, it is hard to rise, especially at resistance levels. Increasing volume does not necessarily lead to a breakthrough, and the probability of breaking through without increased volume is even lower.