As one of the main participants in the inscription market, SATS inscriptions have always been alongside ORDI as a focal point of market attention. Although its market capitalization usually lags behind ORDI, SATS maintains a leading position in terms of the number of holding addresses and on-chain transfer activity, showcasing its unique market position.

Recently, with Bitcoin breaking the $110,000 barrier and the altcoin market becoming active, SATS has also seen a certain degree of increase. However, it is worth noting that SATS has not formed a trend independent of the overall market, which reflects that its price direction is still closely related to the overall cryptocurrency market.

Investors generally believe that after the price of ORDI rises, there may be an opportunity for SATS to catch up. However, this expectation faces some challenges, mainly due to the high contract open interest of SATS. Currently, the market capitalization of SATS is close to its contract open interest, which increases the risk of malicious market manipulation and may limit its potential for price increases.

From a technical perspective, the 42 level is viewed as a key support level for SATS. Market participants generally believe that if SATS can hold this level, it may experience a rebound of 20% to 30%. Conversely, if it falls below this key support, it could trigger further declines.

Overall, the investment prospects for SATS are both full of opportunities and face challenges. Investors need to closely monitor the overall market trends, the on-chain data of SATS itself, and the technical performance to make more informed investment decisions. At the same time, considering the high volatility of the cryptocurrency market, investors should also cautiously assess risks and allocate assets appropriately.