IP coin currently has a market capitalization of over $840 million, with a recent increase of 67%. Community voting has reached 26,800 votes, indicating strong bullish sentiment.

From a technical perspective, the M5 chart shows that the short positions have been covered, and the ideal entry point for a long position is located within a high-value area. This position avoids the previous weak zones, with a stop-loss set at 3.30%, which is relatively tight for risk management.

Interestingly, the current upward cycle has reached its 265th round, with a volatility of 27.23%, indicating that bullish momentum still has room to grow. The ratio between support levels and upward potential is relatively balanced, which often leads to breakout movements.