JST Weekly Analysis Feb 28
The post JST Weekly Analysis Feb 28 appeared on BitcoinEthereumNews.com.
JST maintains its uptrend structure with a modest weekly 1.02% rise while consolidating in a narrow range; under BTC’s bearish supertrend, a cautious week stands out for altcoins. Although the market gives accumulation phase signals, breakout confirmation is awaited in higher timeframes where critical resistances are concentrated. JST in the Weekly Market Summary JST recorded a modest 1.02% gain by moving within a tight trading range at the $0.05 level throughout the week. The volume profile remained stable at $7.80M, while Bitcoin’s 1.67% decline and downtrend tendency in the overall market continue to pressure altcoins. As portfolio managers, we evaluate this weekly view from a broader perspective: JST’s primary uptrend remains intact, but bearish signals in the trend filter and resistance density indicate a short-term inflection point. For more detailed spot data, check the JST detailed spot analysis page. Trend Structure and Market Phases Long-Term Trend Analysis The long-term trend structure still maintains its bullish character; JST holds above EMA20 ($0.04), validating the higher timeframe uptrend. The MACD histogram shows positive momentum, while RSI at 64.97 exhibits a healthy bullish bias without approaching overbought. However, the trend filter’s bearish reading increases trend reversal risk due to the strong resistance cluster around $0.05. In the market cycle context, is JST giving early distribution signals after exiting the accumulation phase at the end of 2025, or is this a re-accumulation? The answer lies in the weekly closes. In the general macro context, rising BTC dominance makes it hard for altcoins to breathe. Accumulation/Distribution Analysis Volume profile and price action exhibit accumulation phase characteristics in a narrow range: low volatility, stable volume, and holding at support levels. Major supports at $0.0435 (77/100 score), $0.0467 (75/100), and $0.0452 (68/100) form a strong base through confluence. On the other hand, a scattered distribution pattern is…
Filed under: News - @ February 28, 2026 2:16 pm