The $MKR trend is still good, and combined with the previous buybacks from the founder, it has created a unique market behavior.
Now MKR has returned to the starting phase of the weekly level in August 2023, and the weekly level has seen a significant increase in volume. Since April of this year, MKR has experienced a 74% decline from its highest point, making it one of the oversold cryptocurrencies.
On the daily level, it needs to break through the 1970 position to truly open up upward space. For a currency like MKR, what you need to do is to buy in batches and hold firmly; it will surprise you.