$FTT
【Price Trend Analysis】
1. K-line Pattern:
- Recent K-lines show a clear volatile trend, with prices fluctuating in the range of 2.5 to 3.0.
- A long upper shadow was seen on December 17, indicating significant selling pressure above.
2. Technical Indicators:
- MACD: Both the current DIF and DEA are negative, but the MACD histogram is gradually shortening, which may indicate a weakening of bearish strength.
- RSI: RSI14 is close to 50, in the neutral zone, showing no overbought or oversold signals.
- EMA: EMA7 is below EMA30 and EMA120, indicating a bearish short-term trend, but EMA7 shows signs of flattening, requiring attention to whether a golden cross will form.
3. Trading Volume:
- Trading volume increased from December 16 to 18, especially on December 17, indicating higher market activity.
For the long term, spot enthusiasts are advised to hold, with three to five times not being a problem.
