The daily moving average alignment is MA7 < MA30 < MA120, a typical bearish structure, with the medium-term trend pointing downward; the price has fallen more than 33% in the past 90 days, but the main trend remains unchanged. The Bollinger Bands have contracted to the lowest level in nearly 30 days, indicating "bandwidth narrowing, a reversal is imminent." Next, it will either break through in a chosen direction or continue to oscillate and bottom out. In the short-term 15-minute chart, ADX=31.8 and MDI is far greater than PDI, indicating that the downward trend strength is still present, making it unsuitable for easy bottom fishing.

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