Overall Analysis

Recent prices are in a consolidation phase

In the short term, the market is currently showing signs of consolidation after experiencing a previous downtrend. The 'Doji' pattern in candlestick analysis and the stability of the Bollinger Bands indicate a temporary balance of bullish and bearish forces in the market. The clarity of support and resistance levels provides a possible range of market fluctuations: support below at 2500-2600 and resistance above at 3400-3500, which are key points to watch in the short term.

In indicator analysis, the TD indicator shows that the market is digesting the previous downtrend and has yet to form a clear new buying or selling sequence. Therefore, the market may be looking for a new direction. The Bollinger Bands indicate reduced market volatility, hovering around the middle band, suggesting that it may continue to operate within the consolidation range in the short term.

Recommendation: Currently, the market lacks a clear directional trend, and it is advisable for investors to adopt a wait-and-see approach, waiting for clearer market signals. If the price breaks through key resistance or support levels (3400-3500 or 2500-2600), it can serve as a reference signal for short-term operations. For medium- to long-term investors, it is recommended to patiently wait for the market to clarify its direction before making decisions to reduce the risk of uncertainty.

Technical Analysis

Candlestick Pattern: Prices are overall showing a downward trend, accompanied by rebounds, and are currently in a consolidation phase.

TD: The market is in a consolidation phase, seeking a new direction after a significant prior downtrend.

BOLL: The market has entered a consolidation phase, with volatility stabilizing and lacking a clear direction.

Potential Buy and Sell Points

Buying Point: 2600 USDT (close to recent lows, potential support exists, and the convergence of the Bollinger Bands indicates a consolidation state, suitable for low-entry.)

Long Stop Loss Point: 2500 USDT (breaking below recent low support confirms further downside risk.)

Selling Point: 2900 USDT (close to previous support levels, expected rebound weakness, and still at the upper part of the consolidation range, suitable for short positioning.)

Short Stop Loss Point: 3000 USDT (breaking above the previous consolidation box top may trigger upward enthusiasm, further reversing the pullback range.)