The cryptocurrency market is witnessing an astonishing surge, with the THE/USDT trading pair showing a strong upward trend in just 15 minutes, attracting high attention from investors.

Latest data shows that the price of THE coin has risen to 0.3717 USDT, with a 24-hour increase of up to 20.21%. This breakthrough trend stems from the accumulation of low-level fluctuations in the earlier stage, followed by a breakout of key moving averages, presenting a typical bullish dominant pattern.

From a technical analysis perspective, multiple indicators show positive signals:

1. Moving Average Configuration: The 7-day, 25-day, and 99-day moving averages show a clear "bullish arrangement", with the short-term moving averages providing strong support for price increases, demonstrating very strong upward momentum.

2. Trading Volume: During the price surge phase, the trading volume significantly increases, indicating that large amounts of capital are flowing in; during the pullback period, the trading volume contracts, showing that selling pressure is low, and the bulls still have the advantage.

3. Key Price Levels: 0.3980 is viewed as an important resistance level in the near term. If it can break through, it is likely to initiate a new round of increases; 0.3649 (the 7-day moving average position) is a potential retracement support point, which may become a new entry opportunity.

For investors who are interested in participating, it may be worth considering entering the market when the price pulls back to around 0.3649, with a target aimed at the previous high of 0.3980. At the same time, it is important to closely monitor the key support level of 0.3482 (25-day moving average), as a drop below this level may indicate a reversal of the short-term trend.

However, it is worth emphasizing that the cryptocurrency market is highly volatile and carries significant risks. This analysis is based solely on technical aspects and does not constitute investment advice. Investors should carefully assess their own risk tolerance and make rational decisions.