$MOVE Everyone can pay close attention to the overall consolidation trend of move in the past few days, which has been fluctuating in a range between 0.6 and 0.7. Therefore, in the past two days, many people have made considerable profits through the conversion between long and short positions (T). However, I personally believe that move may soon enter a turning point in the market.

1. From the orange resistance level I added, its highs are continuously decreasing, which means that even if the market fluctuates and rebounds, the strength of the movement is consistently weakening. In simple terms, it is largely moving downward.

2. From the recent arrangement of moving averages, move shows a bearish alignment, and combined with the recent sluggish performance of the cryptocurrency market, the subsequent upward trend of move is not clear.

3. Currently, the bullish sentiment for move is quite strong, and the market makers are likely to continue the sideways movement or even consolidate to achieve the purpose of clearing floating positions.

None of the above content constitutes investment advice, and it is only personal speculation. Thank you all for your likes and attention #