#比特币对比代币化黄金 Gold Token(XAUT)Short-term Analysis—Bottom-Seeking on Pullbacks, Low-Level Positioning Remains the Main Strategy

Looking at the recent market, the gold token is still repeatedly oscillating within that narrow range. There hasn't been a unilateral plunge during the decline; mainly, high-level investors are taking profits. Essentially, it's still a bullish adjustment phase, far from a trend reversal.

Technical signals are clear—the 4170 to 4165 zone is the key short-term support area and also the axis of previous oscillation. As long as this area holds, there are still opportunities for upward moves ahead. Conversely, 4200 to 4215 is the first resistance to face after a rebound; if it can hold above this, the gold token could continue to aim for the higher 4235 to 4250 target range.

From a fundamental perspective, whether the Fed will cut rates this year remains a major uncertainty, which puts pressure on the dollar and makes it look weak overall. Coupled with global enthusiasm for physical gold and ongoing geopolitical uncertainties, there is a medium-term support effect for gold. Currently, there are no significant bearish factors to trigger a sharp drop, and the market is more in a technical consolidation phase, with little likelihood of a major decline.

In terms of trading strategy, you can consider a light long position around 4180 to 4185; on a rebound, first look for the 4200 to 4215 target; if there is a breakout with volume here, you can continue to watch the upside towards 4230 to 4235.

(This strategy is time-sensitive, and risk management is essential. For reference only)$BTC $ETH $SOL