The market is very hot, and there is a rotation in the zones. It's also time for BTCfi; currently, Merlin is very likely to be making moves in this zone.

Let's talk about the $MERL coin solely from the perspective of the k-line.

From the opening, it has been falling all the way down, and the decline has already satisfied AB=CD; moreover, after hitting the bottom, it began to form a descending wedge. The main force is very skillful, after consolidating it pulls up for a while, then crashes back down, creating a new low point. This operation has been done twice in total, and the chips have been cleaned very well, making it very easy to pull up later.

The downward wedge trend line has currently been broken, and the short-term target price is around 0.47. You can enter the market at the current price, with a stop loss at the red dotted line (0.1112).

The project team has also been working hard, recently launching Merlin 2.0, making some low-position investments, and waiting to reap the rewards.