Overall analysis

Recently, the price has slightly decreased amid fluctuations and is being pressured by the moving averages during the pullback phase. Although there are some signs of rebound, the upward momentum is weakening, and the overall trend is leaning toward a downward direction.
In the short term, the price may seek to stabilize near the support level of 2108.47. Once the support is effective, a short-term rebound can occur, but the height of the rebound may be limited by the resistance zones at 2400 and 2438.33. Additionally, the overlap of the top formation and the black three soldiers pattern suggests that the short-term downside risk remains relatively high.
Suggestion:
Radical investors: After confirming the support at 2108.47 is valid, attempt a light short-term long position. Once the price approaches around 2400, gradually take profits and exit.
Stable investors: It is recommended to wait for the price to fall back to the support area, and confirm stabilization in combination with candlestick patterns and indicator signals before entering the market. If the price drops below 2108.47, it is not advisable to catch the falling knife; wait for clearer trend guidance.
Strengthen risk control, and strict stop-loss settings are required for short-term operations to prevent price declines from breaking support.

#### Comprehensive Interpretation and Suggestions of Indicators
Comprehensive custom indicator analysis shows that the market has gone through a transition phase from decline and consolidation to rebound. The trend strength indicates that the current price level is gradually leaning towards bullish amidst the alternation of bulls and bears, but the bullish momentum has weakened, and overall operations are in a cautious range.
Super Trend Following Bullish Strategy Recommendations:
The current market has shown signs of two low-level rebounds. If the price rebounds significantly again in the support area, one can pay attention to long opportunities and follow the trend with a light position. However, it is necessary to be cautious as insufficient short-term bullish strength may lead to another dip. Before the price effectively breaks through the 2400 resistance, it is not recommended to take heavy long positions.
Trend-following and counter-trend short-term strategy suggestions:
The current trend has shifted to a bullish phase after a period of consolidation, but attention should be paid to the adjustment strength after the current peak retracement. If the price does not effectively break below the indicator zone, short-term long positions can be considered; if the price breaks below key support, it is advisable to switch to a bearish perspective. In addition, caution is required regarding short-term retracement risks from high-level signals, and short-term long operations should be quick in and out to avoid being trapped at high levels.
Moving Average Group and Price Channel Strategy Recommendations:
The divergence of the moving average system and the breakout of the upper channel indicate a certain bullish potential in the market, but recent frequent bearish divergence signals suggest limited short-term upside. In terms of operations, attention can be paid to the support area above the upper channel. If the price confirms in the support area, one can gradually position for a bullish stance; if it returns to the channel, one should either stand by or position for a bearish stance.

#### Comprehensive Suggestions
Recently, the market has been influenced by alternating bullish and bearish forces, making it difficult to operate. It is recommended that investors maintain a light position and use various technical analysis tools to comprehensively assess entry and take profit/stop loss levels.
Bullish entry conditions: The price does not fall below the support of 2108.47 and forms a clear signal on the technical indicators.
Short entry conditions: Price breaks below key support, and volume confirms the short trend.
Technical Analysis
K-line pattern: The Black Three Soldiers pattern indicates a continuous weakening of the market, increasing the probability of a mid-term downward trend; a flat bottom suggests that there may be support below, requiring further observation at key points on the daily chart.
Super Trend Following Long Strategy: The strategy captures rebound opportunities after a significant drop following a period of volatility, with signals indicating a subsequent trend upward, validating the strategy's accuracy.
Follow the major trend and counter the minor trend for short-term trades: during the bear trend phase, the left-side indicators show clear suppression; after the bullish signal appears, the price surges and breaks through the consolidation range, with strong momentum but weakened subsequent energy.
Moving Average Group and Price Channel: When the price breaks through key moving averages and the upper channel line, the pattern shifts from weak to strong; a bottom divergence supports a rebound, the bullish trend remains stable but attention should be paid to pressure points.
Potential trading entry and exit points
Buying point: 2358 USDT (close to the support area of the moving average MA40, with sufficient pullback below, which may form a new rebound opportunity.)
Long stop loss point: 2320 USDT (breaking below the key support area indicates that the bulls' defense has failed, and the trend may weaken.)
Sell point: 2435 USDT (close to the previous high resistance area of 2438.33, strong selling pressure may occur.)
Short stop loss point: 2450 USDT (breaking through the important resistance area indicates strengthened bullish momentum, and bears need to stop loss in a timely manner.)

This interpretation is for reference only. You can switch periods to quickly interpret the candlestick chart and generate a detailed analysis!