Jingyi Next Week's Mistress Strategy

The weekly Bollinger Bands are opening downward, indicating a complete long-term downtrend channel; after a pause in the daily chart, there is narrow-range consolidation, MACD remains in a low-position golden cross maintaining slight bullish momentum, but KDJ continues to decline, and the rebound strength is far weaker than Bitcoin, with Bitcoin also showing weakness, and the moving averages above exert strong resistance, lacking sustained upward momentum. The market is in a weak consolidation pattern, favoring shorting on rebounds; in the short term, rely on support for light positions to play the recovery.

Key resistance: 1760-1809
Mid-term resistance: 1856

Key support: 1709
Strong support: 1562, a break below may lead to a continued sharp decline

Trading Suggestions
Rebound to 1760-1800 zone, short at resistance, stop-loss above 1830, target 1709, if broken, look towards 1562#我的Gate交易时刻