#美SEC推动加密创新监管 This wave of movement is quite interesting. It rose along the upward trend line from the low point to 1.788, then retraced to around 1.641 - this position just managed to hold the support.

From a technical perspective, several signals are worth noting: the moving average system shows a bullish arrangement, with prices continuously operating above the moving averages; the MACD maintains a golden cross state, with no signs of turning yet; trading volume has increased in sync with the price rise, indicating the participation of incremental funds. These signs suggest that the short-term trend has not deteriorated.

In terms of market sentiment, $ORCA , as a popular target in the recent track, has attracted high attention and consensus from funds. This kind of heat often supports the price to maintain a strong performance. Of course, a pullback and consolidation after a surge is also normal, as the main funds may use this to clear floating capital and build momentum for the next round of market.

If support can hold steady around 1.65, we can look up to 1.8, and if it breaks further, 1.85 may also be reached. However, it is important to note that if it falls below 1.62, it indicates that support has failed, and the short-term logic may change.

Other notable assets to track: MERL, IRYS, RESOLV, SOL, ETH, JCT, TAC, etc. have also performed well recently and can be included in the observation pool.