The monthly line closed with a large bearish candle, closing at 58,358, already breaking below the monthly Bollinger Band lower rail (61,106) and hovering just below it. The cost basis continues to shift downward, and the bearish structure is locked in.

The most critical defense zone right now is 58,000–58,500, which is the lifeline support band of this decline. If it effectively breaks, it may trigger a chain of stop-loss orders, and the next stop would be the 55,000 psychological level.

For a rebound, the first hurdle is at 60,000–60,500, where there's a lot of trapped positions. Above that, the resistance at 61,500–62,000 is even stronger. The most severe mid-term suppression remains the daily MA60 (around 68,000). Without a volume breakout above that level, all rebounds should only be seen as pulse corrections after a large negative divergence, and don't expect a trend reversal.

On the monthly level, KDJ has already been in low-level stagnation, and RSI has fallen into a weak discrete zone. There's no new volume coming in, only sporadic short-term rebalancing funds. The monthly MA60 (corresponding to 40,000–45,000) is the ultra-long-term reference support area, but the downward inertia in the mid-term hasn't been fully digested. When bouncing upward, it will encounter multiple moving averages acting as layers of resistance. For the next steps, you must keep a close eye on the key price levels mentioned above and see if the structure can stabilize. When engaging in speculative moves, risk management must be front-loaded; be careful that after the rebound, a secondary bottom could occur.#预测世界杯英格兰VS刚果 #Gate完成141只股票股息派发 #USD1链上质押享年化8.26%