【Price Trend Analysis】

1. Candlestick pattern:

- The recent price has formed a consolidation pattern with Fluctuation in the range of 3325 to 3525.
- There was a clear pump trend in the early stage, but recent Candlestick charts show signs of a high-level pullback.

2. technical indicator:

- MACD: The average values of DIF and DEA are gradually decreasing, and the MACD histogram is changing from positive to negative, indicating that there may be further adjustment pressure in the short term.
- RSI: RSI has fallen from the Overbought area (above 70) and is currently in the neutral zone (around 55), indicating that market sentiment has eased, but downside risks still need to be monitored.
- EMA: The current price is below EMA7 (3419.6), but above EMA30 (3345.1) and EMA120 (3269.0), indicating some short-term support. However, if it falls below EMA30, we need to follow a larger pullback.

3. Trading Volume：

- Recently, the Trading Volume has decreased compared to the previous period, especially when the price approached the high point, indicating a weakening of long positions.
- The phenomenon of stagnant volume indicates that there is relatively heavy selling pressure above, and there may continue to be adjustments in the short term.