Hello, I am Oupeng. Today is 02/07. The current price has dropped below 17 US dollars, and I expect it will continue to fall, but the extent of the drop may be limited (important point).

Personal buying and selling point views:

TRUMP 1-hour K-line cycle

- Buying point: 16.5 USDT

- Selling point: 18.0 USDT

Below is Oupeng's personal K-line analysis:

- K-line pattern:

- Recent price has been fluctuating downwards, with multiple hourly K-lines tightening and rising, indicating substantial pressure above.

- After significant fluctuations at the daily level, there has been a pullback, and it is currently consolidating at a low position.

- Technical indicators:

- MACD: Below the zero axis, both DF and DEA are negative, indicating that bearish forces dominate in the short term, but there are signs of narrowing.

- RSI: The value hovers around 40, has not entered the oversold zone, market sentiment is weak but not extreme yet.

- EMA: EMA7, EMA30, EMA120 are all diverging downwards, with the price operating below EMA7, indicating a bearish short-term trend.

- Trading volume:

- The trading volume has decreased in recent hours, and market wait-and-see sentiment has increased.

- During the significant drop at the daily level, trading volume significantly increased, and then gradually shrank.

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