Pay attention to BICO's latest trend! Technical signals are showing clear signs of weakness.

From the chart, both the 4-hour and 1-hour timeframes are forming death cross patterns, with all moving average systems turning bearish across multiple cycles. Although there is a short-term rebound attempt, the strength is noticeably insufficient, and downward pressure continues to build. Currently, the price is near a key support level; a break below could accelerate the decline.

Market data indicates that ask pressure far exceeds bid support. The funding rate has slightly increased, reflecting an increase in short positions. Although longs are still defending, large capital flows have shifted toward a bearish outlook, with few active buy orders. Under this structure, chasing rising prices carries significant risk.

Based on overall technical indicators, BICO currently presents a shorting opportunity, with a target take-profit level around 3%.

Market volatility is intense, so it is recommended to strictly control position sizes and set reasonable stop-loss points. While technical signals are clear, market conditions can change rapidly, so proper risk management is essential. Opportunities can vanish quickly; use your own judgment to decide whether to enter the market.