$OP Currently, Optimism (OP) is showing important market signs that you need to consider when making mid-term investment decisions.

1. Price situation and technical trends: OP prices are fluctuating in the accumulation zone from 2.33 USD (support) to 2.99 USD (resistance). This cryptocurrency has failed to break through the 2.99 USD mark twice, indicating that the current upward momentum is not strong enough to break the resistance. However, the bullish triangle pattern may lead to a strong rally if a breakout occurs, with a price target of up to 7.20 USD in the mid-term if history repeats.

2. Whale activity: Large addresses (holding from 1 to 10 million OP) have increased accumulation since the beginning of 2023, showing long-term confidence in OP's potential. However, there are recent signs of profit-taking, with about 30 million OP sold, equivalent to 78 million USD. This creates short-term downward pressure, but it could also be an opportunity for prices to consolidate before rising.

3. Potential upward momentum: OP is a popular Layer-2 solution on Ethereum, helping to reduce transaction fees and increase speed. These improvements may attract more long-term investors, especially if the overall market continues its upward trend.

Comments:

• If you plan to buy in the mid-term, you might consider waiting for the price to drop closer to the support zone of 2.33 USD to optimize profits.

• However, if OP can surpass the 2.99 USD mark, this could signal a stronger upward trend.

• You should closely monitor the movements of whales and the overall market to make more accurate decisions.