⬛🟧⬛🟧⬛🟧⬛----🍜

From the K-line perspective, the upward pull on July 6 was quite beautiful, with the price rising from around $0.02 all the way to $0.057. The whole process was almost a straight line upwards, and the trading volume also increased, indicating that there was someone pushing from behind~

After reaching $0.057, it started to pull back, recently dropping to around $0.035. It looks like it's taking a break. The previous short-term rise was too fast, and now the market is calming down. I don't think this is a big issue because the trading volume has decreased during this drop, which usually indicates that everyone is observing.

The current position is almost at the place where it started to rise before, and it just happens to be on a relatively long-term moving average. There is a chance to form new support here. If the next few K lines can stabilize around $0.033 to $0.036 without breaking, it may start to consolidate and reorganize, possibly making another surge.

╭─────✦✦─⋆⋅☆⋅⋆───╮

They are now at #Aptos 生態裡面表現最突出的項目之一，幾乎把整條鏈上的 BTC 流動性都抓住了，TVL 超過 $600M，但目前整體估值（FDV）才 $40M，這個比例在現在的市場滿少見，跟其他 BTCFi 項目比起來，像 BounceBit、Bedrock 那些，FDV 明明比 # Echo, but the TVL is still relatively low, which shows that the $Echo price has a lot of room to grow~

I personally think this price level is actually pretty good, you can observe it~😎