Jun's Analysis:
Recent Trend: From the images, the overall price shows a downward trend, with signs of accelerated decline. The price has broken through multiple key support levels.
Core Points:
The MACD indicator shows that the DIF line is below the DEA line, and the green bars continue to expand, indicating a dominant bearish force.
The price has continuously broken downward, and the moving average system is in a bearish arrangement, with short-term moving averages suppressing long-term moving averages.
The trading volume has increased during the decline, indicating significant selling pressure.
Operational Suggestions:
The bearish trend is clear, and it is not recommended to bottom fish in the short term. Previous short positions can continue to be held.
If holding spot, consider reducing positions or setting stop losses during rebounds to avoid greater losses.
Aggressive traders may participate in the rebound with light positions but must strictly set stop losses. Around 294 can be considered a short-term resistance level.
Closely monitor the 290 round number; if it breaks, it may further probe around 285.