ETC current price is $12.45. What does this level signify? Looking back at history, it has already hit the lowest point in nearly two years, even returning to the original cost zone before the 2020 bull market started. From another perspective, this veteran PoW coin has traversed the entire bull-bear cycle, completely squeezed out the bubbles, and re-approached the "horizon."

Looking at the candlestick chart, you'll notice an interesting phenomenon—extremely low volatility, vividly like an electrocardiogram. This precisely indicates that market attention to ETC has dropped to freezing point, fully relegating it to a forgotten fringe asset. As a forked chain of Ethereum, it lacks practical ecological support, often following ETH's movements or only catching up during extreme market panic. The $12.00 price is the last psychological defense line.

Trading volume can tell a lot. Aside from occasional spikes, it has maintained a very low level for a long time. What is behind this phenomenon? No one cares. No big players are trying to pump the price, retail investors have long been unable to sell, showing typical zombie market characteristics, with liquidity already exhausted.

From a technical perspective, resistance and support levels are as follows: short-term resistance is at $18.00-$20.00, which is the upper edge of the recent downtrend channel. A weak coin bouncing 50% would only reach this point. Higher up are $35.00-$40.00, the high point of 2024, which is basically unbreakable in the medium term. On the support side, the strong bottom is now at $12.00; if it really breaks through, the next target is the single digits of $5.00-$8.00. $10.00 is an integer threshold and also a psychological bottom.

In terms of operation, holders have few options—just hold passively. After falling 93%, discussing stop-loss is pointless; better to hold firm. ETC often inexplicably rebounds at the end of a bull market or after ETH's sharp rise. Set a price alert at $18.00; once reached, start reducing positions.

For those out of the market, ETC is not the first choice. Unless you are an extremely contrarian investor, you might try to "pick up cigarette butts" in the $10.00-$12.00 range, aiming for an oversold rebound to $18.00. Frankly, ETC has become a fossil-level asset—low risk because the price is very low, but expectations are also very low.