From a technical perspective, the current short-term support level is at $0.02600, which is the lowest point touched recently. Moving upward, $0.03800 constitutes an important resistance zone, with the previous consolidation platform around this price level, making a breakout quite challenging. For stronger resistance, focus on $0.05372, which was a key pressure point during the previous pullback.

In terms of trading volume, the 24-hour trading volume reached 937 million coins, with a turnover of $28.339 million. This volume is not low, indicating that market participation is still active. However, honestly, this liquidity mainly relies on short-term funds within exchanges, and a stable market support force has not yet formed. This means that to establish a new high in the future, more long-term funds need to enter the market.