#美SEC促进加密资产创新监管框架 $MITO I'm deciding to go long on this wave, and the logic is actually pretty straightforward.

To be honest, with MITO dropping all the way down in the early stages, most of the retail floating chips have basically been washed out. This bottom range has been consolidating for quite a while now. What does that indicate? The chips are stabilizing, and the bears are running out of steam. Looking at the order book makes it even clearer—the buying orders at the low levels have shifted from scattered to continuous, and I mean continuous, everyone. This is a classic sign of institutional players accumulating at the bottom. As soon as the trading volume picks up, this bottom range could break out in no time.

From a technical perspective, the moving averages are starting to converge, the candlesticks have stopped falling and stabilized, and there’s a clear reversal signal on the short-term cycle. This is the standard signal before an oversold bounce turns into a structural reversal—no need for me to elaborate. Plus, the overall market sentiment has indeed shown some signs of recovery lately. For mid- and small-cap coins like MITO, if even a bit of hot capital flows in, their elasticity often outperforms the broader market.

All in all, going long on MITO at this position theoretically comes with limited risk but offers plenty of upside. It’s a genuine opportunity to build a position. A few friends and I have already entered early, keeping our positions tightly controlled, just waiting for that main upward wave.

Also watching: FHE, BEAT, TAKE, SOL, ETH, USTC, H, DAM, LAB