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The second coin's current rebound started at 1736. It appears strong but actually hides traps. Yesterday's large bearish candle signaled insufficient rebound momentum, and currently the bulls are weak in the short term. The current consolidation around 2055 seems balanced between bulls and bears, but in fact, the bears are gathering strength.
On the daily chart, the high point is 2158 and the low point is 2015. The downward force is being fully released, with the moving average system showing a comprehensive bearish dominance. The MACD has a death cross pointing downward, indicating that bearish momentum continues to strengthen.
The lower Bollinger Band support is weak. The strong support below still looks at the previous low of 1736. The resistance at 2425 Fibonacci level is difficult to break through. Currently, the medium-term downtrend is clear.
Trading suggestion: Short around 2070-2100, with a target near 2010-1980. If the price breaks below 1950 or 1900, adjust your stop-loss according to your position.