Is the main force playing tricks again? How far will this drop go?

Alright, brothers, keep an eye on the market! The current situation is a bit grim.

My viewpoint is very clear: the price is being firmly held down; trying to break upwards? Difficult!

Look at the key levels of 2533.5 and 2523; it’s like a solid wall of copper and iron, with a huge number of trapped positions above, a massive pressure! The price is still quite far from these two levels.

Next, looking at the hourly chart, the 'belt line' clearly tells me that the main force is suppressing the price and trying to push it downwards.

Technical indicators are also in agreement: the two important EMA moving averages (24 and 52) are all pointing down as if they are in agreement. This bearish trend has not changed at all, with the bears firmly in control of the steering wheel.

Although the KDJ has crossed down and the trading volume has slightly decreased, indicating that the bears are not currently using all their force, this cannot be considered good news!

The price is firmly suppressed by these moving averages, and the trend is weak.

To put it simply, if we want to counterattack upwards now, we must first chew through the tough bone at 2523.

What’s my judgment? If the price can't even touch the edge of 2523, there's no need to think about anything else; the next step will be to aim for the support level below, with a very high possibility of continuing to push down.

Until the major trend changes, don't act rashly!

For the upcoming layout direction, expecting a space of over 10 times is not a problem; follow and leave a message, and I will guide you in planning the entire bull market!