POWER has recently faced clear downward pressure. From a technical perspective, the 15-minute and 1-hour K-line charts show a continuous decline, with clear trend signals. The futures market also reflects this change—open interest has significantly shrunk, and the proportion of large traders' short positions is rapidly increasing, indicating that institutional funds are already positioning for a short move.

The most direct manifestation on the market is the continuous emergence of sell orders at key resistance levels, with no signs of the selling heat weakening. This sustained selling pressure usually suggests there is still room below.

From a trading standpoint, the current price level offers a good risk-reward ratio for short positions. If choosing to go short, consider setting a stop-loss above 0.32 to effectively manage rebound risks. However, it is important to emphasize that—any trading decision should be based on your own risk tolerance. Making mistakes is common; the key is to be responsible for your investments. Of course, if your view differs, you can also choose to go long.