Breakout & Momentum: $DCR surges 28.4% to $23.96, breaking $23.31 resistance with bullish EMA alignment and MACD confirmation, signaling strong uptrend
Institutional Demand: $9.4M net inflow driven by $13.9M large-taker buys, indicating aggressive accumulation amid broader market outflows
Overbought but Strong: RSI at 75.7 suggests short-term overheating, yet sustained volume and price hold confirm momentum
ETF Visibility Catalyst: Bitwise Uniswap ETF filing mentions $DCR , boosting institutional credibility and long-term narrative
Technical Breakout Confirmed
Price Action: $DCR surged 28.4% to $23.96, breaking key resistance at $23.31 (Bollinger upper band), now testing $24.11 high with support at $22.14
Technical Signals: MACD bullish and expanding (0.831 > 0.493), RSI at 75.7 (overbought), EMA stack (7 > 25 > 99) confirms strong uptrend structure
Volume & Flow: $13.9M large-taker buys vs $8.5M maker sells, $9.4M net inflow in latest hour, signaling institutional demand despite market-wide risk-off sentiment#RiskAssetsMarketShock #MarketCorrection #WhenWillBTCRebound
