#数字资产市场洞察 Can Mantle survive December? Market anxiety hits hard

In the past week, MNT has been on the rise against the wind, with a gain of 9.13%, and a slight increase of 1.37% in the last 24 hours. It still ranks reasonably well among the top 50 cryptocurrencies. However, trading volume has decreased by 13%, which is somewhat concerning—mainly because Bitcoin's turbulence is causing jitters. BTC once dropped to around $85,700, dragging the overall market sentiment down.

From a daily candlestick perspective, the bullish signals for MNT are quite clear. Both DMI+DI and ADX have broken above the 20 line, indicating a relatively strong directional trend; the CMF capital flow indicator is also steadily entering the market. But on the 1-hour chart, short-term selling pressure remains, with the price repeatedly testing support at around $1.24.

Simply put, there are a few key levels: breaking above $1.375 is necessary to truly turn bullish; otherwise, the bullish momentum remains fragile. Conversely, if the price falls below the $1.21 to $1.23 range, the short-term bullish outlook will diminish.

Overall, MNT's trend in December leans towards bullishness, but market sentiment remains an uncertain factor. If Bitcoin can stabilize or even rebound, MNT will have a better chance to make a real move.