【$MAGMAUSDT】Bull and bear battle intensifies $MAGMA This trend is purely a meat grinder. During the regular intraday fluctuation period, the price retraced over 20% from the high of 0.1499 and is now consolidating around 0.1190. On the 4-hour chart, the MACD red bars are shrinking but still above the zero line; on the 1-hour chart, the price has broken below the EMA20. There are very thick orders around 0.1180 below, with the capital support clearly exposed. Buying pressure has fractured, and the high-level distribution features are obvious, but the open interest remains stable—longs and shorts are still engaged in a tug-of-war. Direction: No position Orders: Attempt short around 0.1215 Stop Loss: Above 0.1245 Target 1: 0.1140 Target 2: 0.1110 Trade Management: Take profits gradually, strictly prevent retracement. View real-time market data 👇 $MAGMA --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL ‍#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡

Based on the current pace, the likelihood of a downward reversal in the Sunday session is extremely low. We anticipate another round of deep decline, with Bitcoin targeting 66,800 and Ethereum targeting 1,950. For short-term positions, establish light positions for shorting at any level, and add to short positions on any bounces.

Whale activity: an address added 8,662 ETH in the last month, circa $18.05 million. Could signal stronger on-chain accumulation for ETH. $ETH