1. Price Action:

Current Price: $1,611.61

24h Range: Low = $1,585.80, High = $1,631.81

The price has recovered from $1,385.05, but it's still in a long-term downtrend.

2. Moving Averages (MA):

MA(7) = 1,598.11 (Price is above this, indicating short-term strength)

MA(25) = 1,691.75 and MA(99) = 2,379.25 (Price is below both)

This shows the market is bearish in the long-term, but a short-term bullish pullback is happening.

3. MACD:

DIF = -90.47, DEA = -108.23, MACD Histogram = 17.76

Histogram is green, meaning bullish momentum is slightly returning, but overall still negative.

4. RSI (Relative Strength Index):

RSI(14) = 41.91

RSI is in the neutral zone (between 30-70), but below 50, suggesting slight bearishness still remains

Summary:

The market is still in a bearish trend, but there is some short-term buying pressure.

If price breaks above MA(25) at $1,691.75, it could signal a bullish reversal.

If RSI moves above 50 and MACD turns more positive, a short-term uptrend may form.