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Short-selling strategy: If the price rebounds to the $2,120 - $2,150 resistance zone and encounters resistance, consider a small short position. Set stop-loss at $2,165, with targets at $2,070 or even $2,000.
· Long strategy: If the price stabilizes above the $2,050 - $2,070 support zone on a pullback, consider a small long position. Set stop-loss at $2,000, with a target of $2,120.
Summary: Although the data leans bearish, the short positions are too crowded, making shorting akin to "catching a falling knife." Tonight’s key level is whether $2,160 can hold—if it cannot, expect continued bearishness; if it unexpectedly breaks through, shorts should exit decisively.
More strategies or follow-up comments welcome.