#数字资产市场观察 After this wave of 69% pump, the market sentiment plummeted.

The chart reveals some clues: the price has dropped from a high of 1.78 all the way down to 1.38, showing a significant retracement. From a technical perspective, the MACD has formed a death cross, indicating a clear weakening of short-term momentum. This quick pullback after a surge often signifies that early profit-taking is occurring.

Personal opinion, several key positions are worth paying attention to:
• A radical point can look for shorting opportunities near 1.39.
• The conservative faction will consider entering the market again after a rebound to 1.55.
• Set the stop loss above 1.65
• Support below focuses on 1.30 and 1.20

Market fluctuations come quickly and leave just as fast; for such highly volatile assets, it's even more important to manage your position well. The market is never short of opportunities, but what is lacking is the capital to survive. Technical signals are there, but how to operate depends on each individual's risk tolerance.