【Price Trend Analysis】

1. K-Line Pattern:

• Recent K-lines show a fluctuating downward trend, accompanied by multiple long upper shadows, indicating heavy selling pressure above.

• After a large bearish candle on August 25, the price rebounded, but overall failed to break through the previous high, forming a weak rebound structure.

1. Technical Indicators:

   • MACD: Both DIF and DEA are operating below the zero line, with green bars continuing to expand, indicating that bears are in control; however, the green bars have shortened in the last two days, showing signs of weakening.

   • RSI: Current value is 42.39, in a neutral to weak area, not yet entering the oversold zone, indicating that the market still has some downward momentum.

   • EMA: The closing price is below EMA7 (112471.52), and EMA7, EMA30, and EMA120 are in a bearish arrangement, indicating that short-term, medium-term, and long-term trends are all bearish.

2. Trading Volume:

• The trading volume significantly increased during the sharp drop on August 25, indicating strong panic selling sentiment.

• In the following days, trading volume gradually shrank, indicating an increase in market wait-and-see sentiment, with a temporary balance between bulls and bears.

【Buy and Sell Points】

• Buy Point One: 110500 USDT (Reason: Close to the previous low of 110345, strong support at the integer level, and EMA120 provides long-term support around 109375.)

• Buy Point Two: 109000 USDT (Reason: Further close to the lowest point of August 25 at 109274, historical swing lows may attract more buying.)

• Long Stop Loss Point: 108500 USDT (Reason: If it falls below 109000, it will lose key support, and timely stop loss is needed to avoid greater risk.)

• Sell Point One: 113500 USDT (Reason: Close to the recent rebound high of 113667, significant pressure at the integer level, and EMA30 forms resistance around 114841.)

• Sell Point Two: 115000 USDT (Reason: Close to the highest point of August 24 at 115666, significant selling pressure at the integer level and previous high.)

• Short Stop Loss Point: 116000 USDT (Reason: If it breaks through 115000 and holds, it indicates that the market is strengthening, and timely stop loss is needed to avoid expanding losses.)

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