The current candlestick pattern indicates that the bearish momentum is nearing exhaustion, while the bulls are beginning to test a rebound at lower levels. This is a window for a "oversold rebound," but a reversal has not yet formed. Trading should focus on short-term longs with strict stop-losses, paying attention to the validity of the 2,111 support level.



Short-term strategy (playing the rebound):

Since the price has broken below the lower Bollinger Band and found support near 2,111, it is suitable to attempt a light long position (aiming for an oversold rebound).

Entry point: You can enter at the current price (around 2,119) or on a pullback to approximately 2,115.

Stop-loss: Strictly set below 2,110 to prevent a breakdown and further decline.

Take-profit: The first target is around 2,125-2,130. If volume breaks through, aim for the middle band.

Trend strategy (wait-and-see / shorting on rallies):

From a macro perspective, the price remains below the middle band, indicating overall weakness.

If you are a conservative trader, it is recommended to wait and see, and only consider adding long positions once the price stabilizes above 2,130, or attempt to short when the rebound faces resistance near 2,150.
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