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$ETC Today's most unusual detail: The fear and greed index is still at 71 in the greed zone, yet ETC dropped 7.48% in a single day, with a trading volume of only 10.5M USDT — this is a typical low-volume gradual decline, not a panic sell-off, but a collective disappearance of buyers. In this structure, bottom-fishing is more dangerous than short chasing. From a technical perspective, MA5 has crossed below MA20, the MACD histogram at -0.02524 remains bearish, RSI at 45.1 is neutral to slightly weak but far from oversold, and the lower Bollinger Band at 9.32 is the only effective support currently. The funding rate is still a positive 0.01%, indicating bulls have not yet surrendered. Once the price breaks below the lower band, the positive funding rate will accelerate long liquidations, causing a second wave of decline. The 30-candle amplitude is 14.06%, volatility is relatively high, so positions must be reduced to less than half of the usual size. Directional view: short-term bearish, but only short on rebounds, do not chase the drop. Entry reference is 9.44-9.50 (near the MA5 at 9.46 and the Bollinger middle band at 9.47 resistance zone), take profit 1 at 9.33 (lower Bollinger Band), take profit 2 at 9.20 (extension target after breaking the lower band), stop loss at 9.62 (above the upper Bollinger Band; if price holds above, the bearish logic fails). Exit signal: if the close moves back above MA20 and the MACD histogram turns positive, exit unconditionally, do not hold the position.