Price Trend Analysis

K-line pattern:
1-hour level: Recently formed a descending channel, continuously breaking below the 2550 and 2500 psychological levels. The latest candlestick has a long lower shadow testing the 2500 support.
Daily level: On July 4th, the large bearish candlestick engulfs the gains of the previous two days, forming a prototype of the Evening Star, with key support moving down to the previous low of 2480.
Technical indicators:
MACD: The DIF and DEA double lines of the 1-hour level cross below the zero axis, the red momentum bars at the daily level continue to shrink, and the weekly level is about to form a death cross.
RSI: 27.83 in the oversold zone on the 1-hour level, 51.19 neutral to bearish on the daily level, with potential for a bottom divergence.
EMA: The price has fallen below all EMA moving averages (7/30/120), and the 1-hour level EMA30 (2558) has formed resistance.
Trading Volume:
1-hour level: A volume increase to 43801 when it falls below 2500, panic selling emerges.
Daily level: On July 4th, the bearish candlestick had a trading volume of 257,126, which is nearly a 50% decrease compared to the previous day, indicating a weakening of bearish momentum.

Buy and sell points
Buy Point 1: 2480 USDT (daily low support level, near EMA120 moving average)
Buy point two: 2450 USDT (integer round number support, weekly EMA30 moving average support)
Long stop loss point: 2430 USDT (accelerated downside risk zone after breaking below 2450)
Sell point 1: 2530 USDT (1-hour EMA30 moving average resistance, integer level resistance)
Sell Point 2: 2550 USDT (previous peak high, daily EMA7 moving average resistance)
Short stop loss point: 2570 USDT (the rebound may continue after breaking 2550, previous high resistance zone)