2026-01-06 00:23:44

IREN's performance in the past couple of days has been quite impressive—up 3.09% in a single day, but what's more noteworthy is that it has already gained a total of 20% over the past 48 hours. Looking at the chart, there are several key signals resonating behind this rally.

**Technical breakout is very clear**. IREN has successfully broken through the previous downtrend line, and trading volume has also increased, which usually indicates a potential trend reversal. Analysts have set a target price of $83, leaving plenty of room for further upward movement.

**Community enthusiasm is also very promising**. According to sentiment tracking data, about 90% of the current sentiment is positive, and many seasoned traders are discussing the noticeable increase in buying activity. Interestingly, there are reports suggesting that an important announcement may be coming soon, which has caused some FOMO—although it hasn't been officially announced yet, expectations are high.

**From a trading perspective**, if you have ideas about this rally, you might consider positioning in the $50-$60 range and riding the trend. However, risk management is crucial—if the price drops below $42, you should cut losses decisively to prevent a pullback from eating into your gains. Rapid upward movements are often followed by quick adjustments, so maintaining a steady mindset is important.

Overall, the key factors for IREN right now—technical breakout, volume support, community enthusiasm, and expectations—point to a positive outlook. But don’t forget, the crypto market is highly volatile, so any entry should be made with full awareness of the risks.

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defi_detective

· 01-08 21:03

A 20% increase is indeed eye-catching, but I'm a bit skeptical about the 90% positive sentiment data. Is it true that IREN surged to $83? Feels like another analyst hype. When will this announcement finally come out? I'm craving it. $42 really needs to hold, or all previous gains will be wasted. I've already positioned myself in the 50-60 range, just waiting for a reversal. It's FOMO and stop-loss all over again—easy to say, but when it really drops, everyone panics.

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LiquidityWitch

· 01-08 05:17

20% increase in two days, this pace is impressive Hmm... 90% positive sentiment? Seems a bit too coordinated, beware of the bagholders' story Buying at 50-60, cutting at 42 — I've heard this kind of strategy quite a few times The community's FOMO is so strong, when the official announcement comes out, people might actually want to sell Wait, how is the $83 target price calculated? It feels a bit uncertain

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MetaverseHermit

· 01-06 00:50

20% in just two days, this wave of FOMO is really intense --- 90% positive sentiment… a bit timid, this is often the most dangerous time --- Wait, the announcement hasn't even come out yet and it's already so hyped? Is that reasonable, brother? --- I remember the $42 stop-loss point, don’t get chopped up --- A 50-60% layout sounds pretty good, just worried about chasing high and getting caught --- The increase in trading volume is real, but can this wave last? Not confident --- Every time there's FOMO, I end up losing money. This time, I’m just watching the show --- Technical breakthroughs are good, but the retail investors who can't keep up are always left behind --- Expectation-driven? Then you have to bet on the announcement, exciting --- Such strong trend reversal signals, missing out would be a bit regretful

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DAOdreamer

· 01-06 00:47

A 20% increase isn't a big deal; the key is whether this wave can break through 83. Feels like there's a bit of FOMO involved.

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MondayYoloFridayCry

· 01-06 00:38

A 20% increase is really impressive, but this FOMO atmosphere feels a bit intense. Wait, before the official announcement, there's already 90% positive sentiment? That doesn't seem right. IREN has broken its support level, and the trading volume is decent; I'm just worried this might be a prelude to the main force's harvest. Entering at 50-60 sounds easy, but in practice, everyone wants to buy the dip. Ultimately, it depends on whether it breaks below or holds above 42. Where's the announcement? They keep saying they'll announce officially every day, but what’s the result? I think this market feels a bit fake; high heat doesn't necessarily mean there's a story. Who calculated the $83 target price? I trust this number the least. Sudden increase in volume makes me more cautious. Trying to test the waters is okay, but going all in is risky. The higher the community enthusiasm, the more cautious I become. Usually, this is the best time to escape. Is setting the stop-loss at 42 really reliable? This round might break straight through.

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