clam (clam7)

大的💊来了

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I'm doing something with $CDS @catsdosomething on @base.base.eth! Ready to join the purrlitical revolution. #YesWeCat #catsdosomething #OnchainSummer #Election2024 Use my referral link 😻

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Polygon [MATIC] experienced a significant downtrend in June. The price fell below a 2-month range on June 11, consolidating bearish control. Resistance at $0.621 turned into $0.59, with $0.5 being the next crucial support. This level was significant in past price movements, leading to a rally to $1.29. The market structure appeared severely bearish based on indicators like CMF (-0.03) and RSI (33). A drop below -0.05 in CMF might suggest more capital outflow. A spike in circulation on June 24 hinted at buyer capitulation, potentially leading to further price declines. The MVRV ratio indicated short-term buyers were at a loss, possibly hindering recovery efforts.

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这里就是我的新家园，欢迎小伙伴来互关 @degentip

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