Yesterday's Performance

I. Key Price Levels (USDT)

• Resistance: 2100-2130 (Strong Resistance), 2150 (Breakout turns to Consolidation and Uptrend)

• Support: 1950-2000 (Critical), 1900 (Breakdown turns to Weakness)

• Extreme: Break below 1950 or test 1750-1800, break above 2150 to stabilize or consolidate upward

II. Time Cycle Analysis

• Short-term (1-3 days): Oversold rebound followed by weak consolidation, insufficient volume, rebound easily reversed by selling pressure, high probability of sideways movement.

• Medium-term (1-2 weeks): Bearish pattern unchanged, institutional deleveraging selling pressure persists, need to observe the effectiveness of 2150 breakout and 1950 support.

• Long-term (1 month+): Over 4.06 million pledged coins queued, strong locking demand, pledge rate at a new high, long-term value support exists.