$INJ — Can it make a new high? ❤️ Unlike some L1s (ADA / ALGO / …) that went full FOMO → heavy distribution, $INJ has moved through a proper cycle: Accumulation → Markup → Distribution → Pullback. The current pullback looks healthy — no signs of capitulation or a dead cycle yet. For $INJ to turn back into an uptrend: » Heating (light red bubbles) + price forming a higher low » Avoid early Overheating (dark red bubbles) at low levels — that often leads to a bull trap Of course, fundamentals still matter. The team needs to keep building through this quiet market — otherwise, anything can change.
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Market conditions appear heavily influenced by large participants, while Bitcoin is showing clear signs of weakness. At current levels, a definitive bottom is difficult to identify, making both long and short positions increasingly risky toward year-end. Overall market conditions remain challenging, with crypto assets exhibiting weak performance and negative growth projections in 2025. This environment reflects a sustained bearish phase.
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Cobie working as Coinbase CS when i first signed up for echo, had issue, emailed and he was very prompt on reply too 😀 can see the CS comments are all users who are facing issues
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