$8.69 ETC, do you dare to buy the dip?

Developers are still burning the midnight oil coding, whale wallets are secretly accumulating, and RSI is slowly climbing — but what about the price? Up 2%? So what? From last year's high, it's been halved again and again. When Aave had issues, it caused liquidity to collapse across old coins, and capital all shifted to AI and new public chains. Is this old thing finally ready to die?

First, look at the surface: up 2%, but it’s like a dead body turning over.

In the past 24 hours, ETC rose from $8.50 to $8.69, a 2% increase. But the MACD histogram has been negative for 10 hours, trading volume is declining, and funds are flowing out. The technical signals suggest: this rally might just be a brief flash of light before fading.

First thing: EVM compatibility is here, developers can move over.

The Spiral hard fork on April 4th made ETC fully compatible with Ethereum. What does that mean? DApps and tools on Ethereum can be copied and pasted to run on ETC. Plus, with the upcoming halving in August-October, block rewards will be cut by 20%, increasing scarcity.

Second, whales are secretly buying, but retail investors are panicking.

On-chain data shows large wallets accumulating. ETC appears in anomaly wallet activity screening tools, indicating informed capital may be preparing for market expansion.

Third, the weekly triangle has been consolidating for 4 years — the longer it holds, the more explosive the breakout.

The weekly symmetrical triangle has been forming since 2021, a full 4 years now. Trading volume has accumulated between $8.00 and $8.50, and the monthly candles show 4 bullish weeks with a MACD golden cross. Technical traders say: the longer the horizontal, the higher the vertical. Once it breaks above $9.00, the next target is directly $9.50–$10.00, with a mid-term target of 45. Of course, only if it doesn’t drop below $8.00 first.

On one side: EVM landing, halving approaching, whales accumulating, weekly triangle at the end.

On the other side: liquidity collapse, declining volume, capital outflow, retail investors cursing.

Key level: $8.30 — the last line of defense for bulls and bears.

If you're a short-term trader: take a small position near $8.30 to bet on a rebound, targeting $8.52–$9.00. If it drops below $8.30, cut losses immediately, next support at $8.00 or even $7.80.

If you're a long-term investor: buy in stages between $8.00 and $8.30, hold tight for Olympia upgrade and halving to land. Target $9.50/$11.00, mid-term gain of 20–40%.

In this bull market, what can turn you around isn’t the hot coins everyone is chasing, but these old coins that have been criticized for four years but are quietly evolving on the fundamentals.

ETC now is like Bitcoin in 2019 — everyone says it’s outdated, but smart money is already quietly positioning. #Gate广场四月发帖挑战 $ETC $BTC