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The long-term daily chart candlestick pattern shows a continuous fall, with the price below the moving average. The indicator in the subplot shows a golden cross pattern with reduced volume, indicating that the overall trend of the fall is very obvious!
However, the current price has deviated from the moving average, with two scenarios: the price may return to the moving average for a corrective pullback, or it may show a correction performance of time for space, which needs to be noted and observed!
The short-term hourly chart rebounded after touching the support area of 83777 following a price drop yesterday. During the day, it maintained a corrective trend of fluctuating upwards, but currently shows signs of pressure. The Candlestick pattern has consecutive declines, and the auxiliary indicators are running with a golden cross pattern on decreasing volume, so it is expected to face pressure and fall in the evening!