The indicators on the 12-hour level are not very optimistic: KDJ has formed a death cross and is still moving downward; the original long positions strength of MACD is weakening, and the volume has also shrunk; the Bollinger Bands are consistently pressing downward, and the coin price has once again fallen below the middle band. Moreover, from a short-term perspective, there is a small gap between the coin price and the five-day moving average.

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