Current Market Situation


Overnight, it surged to 60666 and then pulled back under pressure. The current price is 59981, stabilizing above the lower Bollinger Band with a slight rebound. The MACD bearish green bars continue to shrink, indicating weakening downward momentum, and the market has entered a short-term consolidation range.

Key Highs and Lows
Resistance: First resistance at 60387 (middle Bollinger Band, bull-bear dividing line), strong resistance at 60585 (upper Bollinger Band).
Support: First support near 59900 (buyers' accumulation zone), strong support at 59190 (lower Bollinger Band, this round's low point).

Two Trading Strategies
Cautious Long: On a pullback to the 59900-59950 range with stabilization, enter a light long position, stop loss below 59180, first target 60387, and if broken, look at 60580.
Short Strategy: On a rebound to 60350-60387 (middle Bollinger Band) with resistance, enter short, stop loss above 60670, target back to 59900, and if broken, look down to 59200.

Risk Reminder
The Fear and Greed Index is at extreme fear; large traders hold a high short position ratio, and the market sentiment is heavily bearish. Perpetual contracts involve leverage; a single position should not exceed 5% of total capital. Strictly set stop losses. Do not hold against the trend. #币圈生存指南
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