The price surged early in the morning, pulling up to the 71000 level. Our short from yesterday perfectly reached its target, closing at 1000➕40 points. From the 1-hour level chart, the K-line stabilized at the middle band of the Bollinger Bands and broke through the upper band, with the Bollinger Bands widening. MA5 and MA10 moving averages show a golden cross formation running upward. From the 4-hour level chart, the K-line alternates between bullish and bearish bars at the middle band of the Bollinger Bands, with the Bollinger Bands narrowing. The momentum histogram of the short position has
Happy weekend, good morning! The wind is picking up, will there be a reversal next week? Based on the current 4-hour trend chart, after a round of washing up and down on Friday, the price is still running above the 70000 level. At the current pace, we can consider this a normal pullback within the channel, without destroying the uptrend. The moving averages maintain a bullish alignment with no death cross or downward turning. From a K-line perspective, small positive candles have gradually formed, with price holding steady above 70500. Short-term downside momentum has been exhausted, and the u