#数字资产市场观察 This round of fall is really fierce. In just one day, there was a nearly 6% drop, plummeting straight from the position of 899 dollars to 820. The bears have played people for suckers without any mercy.

From the daily chart, a large bearish K-line directly pierced through the lower Bollinger Band support at 840. The technical breakdown signal is quite obvious. After the MACD indicator completed a death cross, the green bars quickly expanded—indicating ample downward momentum. More critically, the RSI six-day line value has already dropped to 17.07; what does this mean? A typical extreme oversold condition. Theoretically, there could be a technical correction at any time, but the overall trend? It has completely turned bearish.

Looking at the four-hour cycle again: the Bollinger Bands are opening downwards, and the price is moving below the lower band, with a fierce downward trend. The MACD has formed a death cross below the zero line, and no signs of divergence can be seen for the time being. The funding data shows a net outflow of 9.46 million, and the selling pressure is still being released.

In terms of trading strategy: Short positions can wait for the price to rebound to the resistance zone of 830-840 before considering entry, with the target area looking at below 800.