#ETH走势分析 $MERL Today's price movement is definitely worth reviewing.

Some traders opened long positions around 0.29381. At that time, the market showed a clear recovery in volume, there was no sign of major players dumping, and the shakeout was clean and decisive, with a relatively solid structure. This kind of pattern usually means there’s not much resistance to the upside.

The price then surged all the way to 0.35712, with a range increase of about 21.5%. From a technical perspective, this rally was smooth, without significant choppy fluctuations.

MERL itself is positioned as a Layer2 solution within the Bitcoin ecosystem, mainly aimed at expanding smart contracts and DeFi application scenarios on the BTC chain. The technical roadmap is relatively clear, and the market is willing to give such infrastructure projects a certain premium.

For tokens with solid technical backing and that are in trending sectors, the key is timing your entry. A combination of strong fundamentals and favorable sentiment often leads to good short-term performance. Of course, any trade should be assessed based on your own risk tolerance.