#Strategy加仓BTC FHE is there still a chance? After this wave of market movement, you might understand it.

$FHE has risen nearly 60% from the bottom. The recent surge is mainly driven by the update of cross-chain private transfer functionality. But a closer look at the chart shows that since the 0.72 level, it has clearly lost momentum—trading volume has shrunk, and the price has repeatedly oscillated at key levels.

The risk of chasing in is actually not small. There is heavy selling pressure above the order book, the candlesticks are increasingly distant from the moving average, and the technical indicators are already showing overbought conditions. More importantly, on-chain data is speaking, and the signals of capital outflow are quite clear. At such times, short-term long positions won't yield much, and you need to be wary of any sudden sell-offs.

From a technical perspective, the current position has already overextended the short-term gains. If you're still hesitating about whether to jump in, it's better to wait and see how the market develops next. The price will tell you the answer through its actions.