The daily line is a small negative line with long upper and lower shadows. The trading volume is slightly more than the previous day. It is a normal decline and pullback of an upward oscillating trend.
The daily MA30 line maintains a slight upward trend, and MACD shows a weakening upward momentum above the zero axis.
The trend of Inscription Three Idiots is synchronized with that of Bitcoin at the hourly level, but its volatility is slightly higher than that of Bitcoin.
The daily level plunged downward and stepped back to the daily rising trend line, forming a strong rebound at the hourly level.
The price will continue to move towards the upward trend line in the next few days, and then after fluctuating for a few days to accumulate strength, it will try to rush upwards.
Fluctuations within 20% on the daily line are considered normal adjustments. Everyone is cursing the inscription, saying that it is rubbish. They have so quickly forgotten that when the market was pulled up a few days ago, they were all hating themselves for not buying enough.
Daily pressure level 43.6-48-51.6, support level 38.5-35.7-33.5-30.9
