Looking at the 1-hour chart, the market direction is already quite clear—short-term bias is bullish, just the gains aren't as aggressive.

The previous wave, which dropped directly from above 0.03 to 0.0119, was a process of concentrated liquidation of sentiment and chips. But the key point is that after the low was formed, it didn't continue to break down; instead, it gradually moved upward, with each rebound's low getting higher. This is a true sign that the market is stabilizing.

The structure is very straightforward: the price consistently stays above the BOLL middle band, which begins to turn upward, and the lower band also rises accordingly. This indicates that the 1-hour timeframe has shifted from a downtrend to a more bullish mode.

As long as the price doesn't fall back below the middle band, the trend remains intact.

Volume performance is also good. During the rise, volume increased gradually without any sudden surge to the top, nor was there a clear release of selling pressure. This kind of volume-price pairing usually doesn't end immediately but rather pushes and digests in a steady rhythm.

The MACD has long been stable above the zero line; the momentum isn't particularly fierce, but it is sustained—this slow, steady push feels different from a quick, sharp rally.

The next step is simple: as long as the price can stay above the 0.0235 to 0.024 range, there's a high probability that the 1-hour chart will continue upward, aiming for the nearby resistance near the previous high. Conversely, if volume increases and the price falls back below the middle band, then a re-evaluation of the consolidation phase is needed. Currently, the expected upside potential for this wave is at least 30%.