1 minute and 57 seconds ago, this 18.7870 was the final graveyard line for the bears, with a 24-hour trading volume of 369 million USD and an explosive turnover rate, but after the price rose from 13.33 to 18.78, the RSI has already hit 85 and shown a bearish divergence—this volume-price structure is a textbook script of the main players selling chips to chasing retail traders.

Looking at the 15-minute chart: the body of the candle at 18.78 is three times the length of the previous one, but the trading volume is 12% lower, a typical volume-price divergence. More importantly, the MACD just had a death cross, with the DIF turning downward from a high position and crossing below DEA; if within an hour it cannot regain above 18.20, it confirms a double top. Currently, the 18.5250 level is just above the Fibonacci 0.618 retracement line at 18.40 by 10 points, fragile as paper.
Stop-loss must be set below 18.20, because that is the lower boundary of the dense trading zone from the previous rally; if it breaks below, the support at 17.30 cannot hold. Position-wise, only light short positions are suitable for testing, or waiting for confirmation signals on the right side. If it falls below 18.20 within the next two hours, the target directly is 16.80, which is the neckline of the previous consolidation platform and also the 0.5 retracement level of this rally.
Personal real trading: I have already shorted 10% at 18.75, with a stop at 18.91, first target 18.00, second target 16.80. Just posted a screenshot in the assistant group—believe it or not.
Operation summary: The bearish signals have already lit up two red lights, and the current price of 18.5250 can be cautiously tested for entry with a small position. Set a firm stop-loss, don’t hold the position—this is not a battle between bulls and bears, but a technical pricing game.