- Buy Point 1: 1950 USDT



- Buy Point 2: 1930 USDT
- Long Position Stop Loss: 1920 USDT

- Sell Point 1: 1990 USDT

- Sell Point 2: 2020 USDT
- Short Position Stop Loss: 2035 USDT
【Price Trend Analysis】

1. Candlestick Pattern:

- The 1-hour chart shows a large bearish candle with a long lower shadow at 03:00 on March 8, with a low of 1946.15, indicating some buying support below, but subsequent rebound volume is insufficient. The current price is attempting to stabilize within the recent downtrend.
- On the daily chart, large bearish candles appeared consecutively on March 6 and March 7, forming a sharp decline pattern, indicating the market is in a clear downtrend with strong downward momentum.

2. Technical Indicators:

- MACD: On the 1-hour chart, both DIF and DEA lines are below the zero line. The latest DIF (-10.0) is slightly above DEA (-11.2). The MACD histogram (2.3) has turned positive, showing signs of a short-term weak rebound, but overall remains in a bearish alignment, indicating a bearish trend.
- RSI: After reaching oversold territory (29.8), it rebounded to 41.6. Currently in a neutral zone, with no sustained overbought or oversold trend, suggesting a short-term oversold rebound is possible but lacks strong trend support.
- EMA: The 1-hour price (1968.8) remains below EMA7 (1968.7), EMA30 (1985.0), and EMA120 (2014.9), with all EMAs in a bearish alignment (EMA7 < EMA30 < EMA120), indicating a clear downward trend. EMA7 is close to the current price, forming a short-term resistance.

3. Volume:

- On the 1-hour chart, the sharp decline at 03:00 on March 8 was accompanied by a large volume (15.76 million), consistent with a volume-driven decline, suggesting a possible short-term correction or consolidation.
- On the daily chart, the declines on March 6 and March 7 also involved large volumes, confirming the daily downtrend with strong downward momentum.
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PotatoTomatoSoupvip
· 2h ago
Wishing you great wealth in the Year of the Horse 🐴
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Brother-In-Law,Happiness!vip
· 3h ago
Wishing you great wealth in the Year of the Horse 🐴
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