CLO's recent technical outlook is indeed worth paying attention to. In the past 2.5 hours, 10 consecutive bullish candles have formed, and the current price has broken above 0.7256, with a short-term increase of over 28%. What is the underlying logic behind this wave of market movement?

From the 15-minute chart, the core driver of this rally is the clear signal of main capital entering the market. The 7th candle is particularly critical, with an 8.58% increase, a volatility range reaching 12.15%, and trading volume surging to 27 million, more than five times the initial phase. This sudden volume expansion often indicates that large funds are beginning to build positions.

The market is currently in a high-volatility state, with an average fluctuation of about 4.8%, and liquidity is ample. In such an environment, a one-sided trend is easily formed. Even without any sudden positive news, purely from a technical perspective, volume breakout alone is sufficient to support this upward momentum. The consecutive strong bullish candles, with bodies repeatedly exceeding 60%, indicate that the bulls are in strong control.

However, a warning is necessary here. Data also shows that after five consecutive bullish candles, there may be a risk of overheating. The latest candle already shows signs of momentum exhaustion, with a smaller body and a gain of only 0.22%. This slowdown should not be ignored.

**Advice on subsequent operations:**

First, do not chase the high. The current price is already close to the local high of this wave, and continuing to buy in would result in an unfavorable risk-reward ratio, with a high FOMO risk. If you want to participate, it’s better to wait.

The ideal entry point should be after a correction. Focus on the 0.68-0.69 range, which is a support level derived from previous highs. If the price pulls back to this area, a small long position could be a relatively safe choice, with a stop-loss below 0.66.

For aggressive traders, if the price falls below 0.72 and a bearish candle signal is confirmed, consider opening a small short position targeting around 0.70. But in such high-volatility conditions, stop-losses must be strictly enforced, set above 0.735, leaving no room for compromise. High-volatility markets are like this—controlling risk is more important than chasing returns.