1. Current Technical Status



· Price: 73,695.9, below all major moving averages (MA5/10/30/60), indicating a bearish alignment.
· Bollinger Bands (BOLL): Price is close to the lower band (LB=72,925.6), showing oversold signs, but the band is opening downward, so a continued decline is still possible.
· RSI: RSI6=31.47, approaching the oversold zone (below 30 may trigger a rebound), but RSI12/24 remain weak around 40.
· MACD: DIF and DEA are both negative, MACD histogram at -1,184.5, indicating strong bearish momentum.
· Volume: Recently decreasing, market selling pressure has weakened, but buying has not significantly entered.

2. Key Price Levels

· Support below: 72,925 (Bollinger lower band) → 72,000 (round number) → 70,000.
· Resistance above: 75,222 (MA5) → 75,764 (MA60) → 77,561 (Bollinger middle band).

3. Opening Position Suggestions (10x leverage, be sure to set stop-loss)

1. Conservative Strategy (wait for a rebound before shorting) — current trend remains downward, prioritize following the trend.

· Entry Conditions: Rebound to the 75,200–75,800 zone, with signs of price stagnation candlestick signals (such as upper shadow, bearish engulfing).
· Entry Price: around 75,500
· Stop-Loss: above 76,200
· Target Prices: 73,000 → 71,500
· Risk-Reward Ratio: approximately 1.5:1
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