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CLO's recent movement, a blind guess on the subsequent rhythm.
Let's look at the short term first: surging to the 0.85 level is likely to trigger a liquidation of some shorts. Then the coin will hover around here, one side tricking longs into entering and paying fees, while secretly preparing to turn around and cut towards 0.6 to harvest those chasing high longs. This is a common tactic.
Regarding the possibility of changing the 1-hour chart? Currently, there's no real need to mess around at this level; too much action could easily ruin the coin. Moreover, many people in the market are already tired of operations like 1-hour fee adjustments, and those precedents have already caused frustration. Unless there's a real intention to push for 10x or even 20x returns, it's not worth considering such high leverage.
Overall, it's most likely a wave of harvesting the little guys first, and after absorbing enough blood, consider pushing the price up.