1. Weekly Level:

Regarding the candlestick chart, last week continued to form a bearish shooting star, with two consecutive down weeks, indicating a generally bearish momentum.
On the weekly resistance side, 7w6 is already the current medium- to long-term top (top neckline + Vegas), and after breaking below the neckline, the price consolidated and oscillated in this range, completing a retest of the 7w6 resistance and a support-resistance switch. After a successful retest, the price continued to decline.
Support-wise, around 6w is the lowest point of the lower shadow pin, and this level warrants ongoing attention as support.
In terms of trend, the price remains constrained within a downtrend channel, with the Bollinger Bands' three peaks resonating with the downward channel.
MACD continues to form a death cross downward, but the red momentum is diminishing. A golden cross trend is possible but still needs confirmation.
KDJ and RSI are in relatively oversold zones, providing opportunities for a big drop; for example, after 6w, it may still be a good time to buy the dip.

2. Daily Level:
Regarding the candlestick chart, yesterday and the day before yesterday’s prices repeatedly tested the horizontal support at 6w6, forming two doji stars, pausing the downtrend. Today’s candlestick shows short-term upward rebound momentum, but the rebound volume is weak.
Structurally, the major structure is a breakdown of the bear flag pattern. Based on a 1:1 Fibonacci retracement, the downside space is large. The minor structure is a head and shoulders top pattern, with the price currently retracing toward the upward rebound neckline. Resistance levels to watch include the upper boundary of the downtrend channel, the neckline resistance, and the lower boundary of the flag pattern around 6w9.
For daily support, focus on 6w6; a horizontal support level is at 6w3 (validated three times by pin tests).
Regarding Bollinger Bands, the midline MA20 has sharply turned downward, indicating a bearish bias.
Trend indicators like Vegas show a persistent downward death cross, with Vegas continuously moving downward, reinforcing the bearish outlook.
All secondary indicators tend to oscillate around the midline.

4-Hour Level:
After reaching near the intraday support at 6w6, the price experienced a false downward breakout, forming an AMD+ double-line reversal + TD13 double bottom pattern, and broke through the double bottom neckline at 6w7. Intraday, there is a bullish rebound trend toward the key resistance at around 6w9. The trading strategy could be to position for short positions at higher levels.
Projection: The weekly chart shows a bearish structure, and the daily chart indicates a bearish trend after a breakdown and rebound. On smaller timeframes, there is an upward trend within the day. After the price rebounds to the 6w9 resistance, a break and close below the support signals a good short entry. Overall, the plan is to place high-level short orders.
Indicators show MACD forming a bullish crossover below zero with increasing bullish volume, while KDJ and RSI are turning upward, indicating a rebound trend. However, the red momentum is shrinking, and although a golden cross is forming, it still needs confirmation before acting.