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The price dropped to a low of 73,256.8, precisely breaking through all target levels (74,000→73,500→73,000), with a maximum decline of over 1,400 points, perfectly hitting the bearish forecast.
📊 Technical review
Trend logic:
The core prediction logic is "oscillation during the day is hard to send a slope, big move at night," which fully aligns with the intraday market rhythm—prices repeatedly oscillate near the 75,000 resistance level during the day, with bulls unable to break through, and at night, funds concentrate to sell off, completing the trend breakdown.
Key level verification:
Resistance at 75,000: multiple failed attempts to push higher throughout the day, forming strong resistance, making it a reasonable stop-loss level.
Target levels 740/735/730: prices successively broke support levels, with the lowest touching 73,256, accurately fulfilling the bearish target.
Volume cooperation:
In the evening, the main spot market executed 14 large trades totaling $54.4 million, with price volume increasing during the decline, confirming the validity of the bearish trend.
Oscillation is the accumulation phase for a breakout, and a break is profit realization. If the direction is correct, the rest is up to time and the market.
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