Looking at this candlestick chart pattern, it is a typical rise-then-fall pattern. Currently, it is indeed hovering at a relatively low level. But relying solely on historical candlestick data to accurately predict future rises and falls? Honestly, that’s quite challenging. There are simply too many variables affecting the prices of crypto assets.

First is the macro market environment. The overall sentiment indicator of the cryptocurrency market is crucial—if the market is in a bullish atmosphere with continuous capital inflows, the probability of this asset breaking upward naturally increases; conversely, if the market is bleak and declining, the risk of a downturn becomes more concerning.

Next, look at the fundamentals of the project itself. If this is the chart of a mainstream coin, factors like technological iterations, team personnel changes, and ecosystem expansion have significant influence. For example, if the project team suddenly announces a major technical upgrade, it often attracts a wave of buying, directly pushing up the price.

Don’t overlook the news aspect either. Policy and regulatory developments, industry partnerships and signing, new exchange activities—these can cause significant short-term price fluctuations. Sometimes, a single news item can change the entire situation.

The last detail is the trading volume. If the price continues to rise while trading volume also increases, it indicates genuine buying power is driving the movement, which gives the upward momentum more strength. Conversely, if the price only moves slightly with very light trading volume, it’s likely just a fleeting rebound, and a further decline is quite possible.

For a more reliable judgment, you still need to consider the overall market trend, the fundamental dynamics of related assets, and technical support levels—relying solely on a chart to make decisions is too risky.