FRAX's recent trend has indeed been eye-catching. The price broke out under the influence of massive capital inflows. From a technical perspective, this looks more like the main players completing their accumulation at the bottom rather than a simple short squeeze.

From a trading standpoint, several key points: an ideal entry zone is between 1.210 and 1.225, with a stop loss set at 1.185 (a level that must be defended). The upward targets are respectively 1.280 and 1.320.

Why are we optimistic about this wave? The data speaks for itself—FRAX's breakout was accompanied by over 500 million USD in spot trading volume, and open interest is also increasing in tandem. This level of volume usually indicates institutional funds are officially entering the market. After the breakout, there was no rapid pullback, suggesting strong buying support, and market sentiment is gradually shifting from cautious observation to chasing the rally.

The key is whether the price can hold above 1.20. As long as this support level is not broken, the upward structure remains intact, and there is room for further gains.