The “two-bing” move has been smashed down from 1690 all the way to a low near 1612. It’s now stuck around 1638, grinding sideways—clearly a weak oscillation dominated by the bears. Every rebound fails to reach the prior resistance; the bids can’t absorb the sell pressure. The sell-off is slowing, but there’s no real momentum to push higher.

The next approach is simple: if it pulls back to around 1610 to stop the fall and stabilize, you can set up long positions. If it rebounds up to around 1680, place a light short. Don’t keep flipping back and forth in the middle—it's easy to get swept both ways. #Gate直通IPO认购SpaceX $ETH