The Trump family's support for cryptocurrency is a bullish sentiment signal in the market, but:

The impact of the news is limited, and it hasn't caused a sustained rally in the trend;

Currently, the positive news has not led to an increase, hiding short-term weakness risk.

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📊 Technical Structure Analysis

🔍 Key Observation Points:

1. Three consecutive K-lines are weakly oscillating below the middle band of the Bollinger Bands, indicating insufficient upward momentum;

2. The lower band has been tested repeatedly but not effectively broken (108612), showing that there are still bulls defending;

3. The high point of 110700 has been confirmed, showing a significant pullback, currently forming the embryonic shape of a descending channel.

🧭 Summary in one sentence:

> There is pressure above (109500) and support below (108600), approach with high selling and low buying, and chase the trend once broken. It is recommended to focus on "shorting on rebounds" with light positions for long trades.