Last night, I went to sleep with a short position but regrettably couldn't hold on to add more. Later, I learned from expert opinions:

From a trend structure perspective, after this round of decline, the price has fully entered a downward channel, with the moving average system showing a clear bearish alignment.
Short-term rebounds have repeatedly faced resistance and failed to form an effective reversal, confirming the dominance of the bearish trend.
As of now, the price is at 71,517.8, in a low consolidation zone after the decline.
Although there are signs of a slight stabilization, there is a lack of momentum for a sustained upward push, indicating a typical continuation pattern in a downtrend.

Considering key price levels, the main resistance is concentrated around the 72,000 integer mark and the 72,100-72,200 range.
The key support levels are the previous low at 71,259 and the 71,000 integer mark.
Until a clear trend reversal occurs, trading should strictly follow the trend principle, focusing on shorting rebounds and avoiding blindly bottom-fishing.

In terms of specific operations, you can wait for the price to rebound to the 71,800-72,000 range and face resistance, then gradually establish short positions.
Target levels are sequentially 71,200-71,000.
If the price effectively breaks below 71,000, you can follow the trend to look for even lower levels. #Gate上线Pre-IPOs