1. Core Price Level Anchoring (Volume Profile)

The thick black line in the chart is the POC (Point of Control), which is the price level with the highest trading volume at each stage, naturally serving as a strong support/resistance level:

• Current right-side value area:
✅ VAL (Support Level): ≈69,800 USDT
⚖️ POC (Bull-Bear Boundary): ≈70,800 USDT
❌ VAH (Resistance Level): ≈71,300 USDT

• After testing the POC/VAH and then pulling back, it indicates selling pressure above is relatively heavy, and the short-term trend is under pressure.

2. Price Structure and Trend Judgment

• After rebounding from the previous low of 67,600 USDT, the price entered the right-side value area for consolidation.

• 👉 If the price falls below VAL (69,800): it is likely to test the previous low, and the short-term trend will weaken;

• 👉 If it stabilizes above POC (70,800): it is expected to retest the VAH (71,300) resistance level, opening up upward space.

3. Momentum Indicator Signals

The MACD-like momentum indicator below shows:

• Red bars appear, with the fast line crossing below the slow line, indicating short-term bearish momentum;

• If the pullback is accompanied by decreasing volume, support is more valid; if volume increases downward, be alert for a deeper correction.