【Buy and Sell Levels】

- Buy Point 1: 2750 USDT (near the previous low of 2775, strong support at round number, also the lower boundary of recent consolidation range)

- Buy Point 2: 2700 USDT (closer to the stronger round number support at 2700, more than 1% below Buy Point 1)

- Long Position Stop Loss: 2675 USDT (breaking below the key support at 2700 may trigger more selling pressure, set 25 points below the round number to avoid false breakouts)

- Sell Point 1: 2900 USDT (near the previous high of 2965 and between round numbers 3000, facing some resistance)
【Price Trend Analysis】

1. Candlestick Pattern:

- Recent prices show a sideways downward trend, with significant volatility on December 18, reaching a high of 2997.4 and quickly falling back to around 2828.
- Daily candlesticks close lower consecutively, with highs and lows gradually decreasing, indicating bearish dominance.

2. Technical Indicators:

- MACD: On the 4-hour chart, both DIF and DEA are below zero, and the MACD histogram is negative, indicating a weak market.
- RSI: RSI(14) value is 39.49, approaching oversold territory but not extreme, suggesting short-term downward momentum remains.
- EMA: Price is below EMA7, EMA30, and EMA120; EMA7 and EMA30 form a death cross, further confirming a downtrend.

3. Volume:

- Volume increased on December 18, accompanied by sharp rises and falls, indicating growing bullish and bearish disagreement.
- Current volume has significantly decreased, and market sentiment is becoming more cautious. #GateLaunchpadKDK认购上线 $BTC ‌$BTC ‌$ETH ‌