From the four-hour chart pattern, the downward trend for the next few days can basically be confirmed. The top signal is particularly obvious, with the resistance level set at 3310.



Looking at the 15-minute chart details, when the price reaches 3200, the resistance here shows a very strong performance. A 2-3 hour pullback is expected, with the target around 3245 for stabilization. However, this is only a short-term consolidation; the overall trend remains downward.

The action after the US stock market opens will be quite critical—if US stocks rise today, don't rush to adjust your judgment, because recently the correlation between blockchain and US stocks has been that they tend to fall together, not rise together. This would lead to a sustained consolidation phase. Conversely, if US stocks correct, a clearer sell-off may occur.

From a technical perspective, consider establishing a short position at 3240, with a stop loss at 3310. The take profit can be set around 3000. Using 3x leverage, the risk-reward ratio will be relatively balanced.
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GasWastervip
· 01-07 11:53
If 3310 can't hold, then we have to look at 3200. If the US stocks don't fall this time, we'll just have to wait it out.
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CascadingDipBuyervip
· 01-07 11:49
The 3310 level is really hard to break through, I've already entered a short position.
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StealthMoonvip
· 01-07 11:49
If 3310 can't be broken, it's a fake dip. Don't be fooled.
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SmartContractRebelvip
· 01-07 11:48
The 3310 resistance level is so obvious. If the US stock market goes higher again today, I'll just laugh out loud. Anyway, we're just destined to follow the decline and not the rise.
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