Direction judgment: The market is oscillating and slightly bearish, with a high probability of continuing downward testing of support within the day.



It is recommended to focus on range-bound consolidation during the weekend's shrinking volume, mainly aiming for short positions,
Core key levels
Resistance above: 2390-2415; aggressive resistance: 2376
Logic: Previous highs and the 4-hour midline resistance zone, weekend rebounds are unlikely to break through this area.
Support below: 2290-2320
Logic: The key support zone on the daily chart, also the defensive bottom line for bulls.
Critical dividing line: around 2360
Logic: Short-term strength and weakness dividing line, currently operating below this level indicates relative weakness.

Specific trading suggestions

Open positions: Consider shorting near 2390-2410. Do not chase short at the current price; if it quickly drops to 2290-2310, try a small long position (with strict stop-loss).
Stop-loss: Set short positions at 2435; long positions at 2270.
Take profit: For shorts, around 2320; for longs, around 2370.

Latest key data

Contract positions: Decreased by 9.85% in the past 24 hours, market enthusiasm has declined, and capital is leaving the market noticeably.
Funding rate: The 8-hour average is -0.0054% (slightly negative), shorts pay longs, market sentiment is cautious.

Weekend liquidity is poor; strictly set stop-losses, avoid holding positions for a long time.
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