2025.5.13

The current market structure analysis is as follows:

Bearish signals dominate. The price has broken below 102800 and has faced multiple resistances at this moving average. The latest candlestick attempted to rise but failed to break through, indicating significant pressure above.

There have been consecutive days of declining bearish candlesticks, with bears controlling the market's rhythm, while the rebound strength of bullish candlesticks appears weak.

Trading volume is increasing, but the price has not risen, especially on May 12 when the volume increased while the price fell, which is a typical signal of bearish release.

The key support level below is around 100652, which has been tested. If it breaks down again, the market may accelerate its decline.

There are also potential opportunities for bulls.

After hitting a low of 100678, the price began to stabilize and rebound, with short-term buying support at this level.

At the same time, the medium to long-term trend still has support, and the market has not fully entered a bearish trend.

In terms of operational suggestions, at the current level of about 101900, a light position for short-term short selling or maintaining a wait-and-see attitude is recommended, waiting for an effective breakout before considering increasing positions.

It is not advisable to blindly go long; this is not a good opportunity to catch the bottom.

There are two specific operational strategies for reference:

First is the aggressive strategy, being bearish and shorting.

You can choose to enter at the current price or wait for the price to rebound to around 102500 to short. Set the stop-loss above 103000. The target price is between 100000 and 99500, with further downside to 98000 if broken.

Second is the conservative strategy, waiting for the market direction to become clear before taking action.

You can wait for the price to break below 100650 or rebound and stabilize above 103000 before acting in the direction of the trend. If the price strongly retraces and stabilizes around 100600, you can attempt to go long with a small position to capture a rebound opportunity.

The current market trend shows a short-term downward tendency with significant pressure. The operational suggestion is to wait and see or lightly short, and make further decisions after a breakout. Overall, the market tends toward bearish.