LIVEHello everyone, I am Ahan from Xiangxiang Community. Today I want to talk to you about sats that I haven’t seen for a long time.
In the BRC20 circuit, SATS is quickly becoming a force to be reckoned with. With the popularity of meme culture, SATS, the star project in this field, began to gain more attention. Its goal is to realize the dream of unit price breaking through zero. Although the current market value has not yet reached its peak, its development potential is eye-catching. The performance of SATS is not inferior to that of leaders in other fields. As the brc20 story continues to develop, the potential of SATS is full of expectations.
From the perspective of technical analysis, SATS showed a double bottom structure on the four-hour chart and consolidated at the golden section of 0.618. The current consolidation phase is about to end. It is expected that before starting to pull up, there may be a short-term panic decline, and the low may be around 0.38. The MACD indicator shows that bear momentum is gradually weakening and the market is waiting for that critical moment that can trigger an increase. At present, investors from South Korea, Japan, and Europe have not yet fully intervened, and institutional funds are also watching. A certain security company may not easily let go of an inscription project like SATS. SATS carries the top narrative that matches Bitcoin - 1 BTC is equal to 100 million SATS. This strategy of benchmarking Bitcoin, coupled with the Ethereum model adopted by the BRC20 protocol in terms of handling fees, together constitute the top consensus in the crypto circle Basically, the rise in sats will also lead to a recovery in the popularity of inscriptions. Ordi has been silent for a long time, and the target continues to be 100. That’s it for today’s sharing, I hope it will be helpful to your investment. See you next time!
