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APT's recent market trend is indeed worth paying attention to. Recently, trading volume has significantly increased, but the price has been moving downward, with a decline of over 13%. What's more interesting is that open interest remains high, indicating that long positions might be gradually being liquidated or institutional funds are withdrawing, rather than retail investors simply taking profits.
From a technical perspective, APT has broken through several key support zones, and the market structure has clearly shifted to a bearish outlook. There are continuous sell orders on the order book, and during rebounds, there are no signs of buyers stepping in. This situation usually means that the bears have taken control.
If you plan to short in the short term, consider entering around the 1.590 to 1.610 range. Place your stop-loss at 1.650—this is non-negotiable; do not fight the stop. For targets, initially look at 1.520, and if that breaks, then keep an eye on 1.450. As long as the price can stay below 1.65, this downward trend should continue for some time.
Overall, the current market atmosphere is very friendly to bears, provided that strict stop-loss measures are followed.