The daily line is a small bearish candle with short upper and lower shadows, and the trading volume is three-quarters of the previous day, which belongs to a normal downward pullback trend.
The daily MA30 line still maintains an upward trend, and the MACD shows a weakening upward momentum above the zero line.
The daily level still maintains a volatile upward trend, with all moving averages running divergently upward; a short-term pullback does not temporarily affect the upward trend.
The price is quite far from the daily MA30 line, and there is definitely a downward pullback trend, which is also the reason why we advised everyone to take profit on the long positions chased yesterday.
Currently, it seems that there is still room for further downward pullback, and if it pulls back to the 158-163 area, one can enter to catch a good rebound.
Daily level resistance levels are 184.6-193.6-202.4-220-240, support levels are 164.3-157.1-143.9.
From the hourly perspective, it is currently showing a 4-hour rebound within an 8-hour rebound returning to the 4-hour zero line, and there is still room for rebound at the hourly level, depending on the strength of the rebound.
In the short term, one can short near 182 and go long at 166.8.
From the three-day liquidation heatmap,
the price is moving upwards, with some large short positions waiting for liquidation in the 177.2-183.2 area, and a large number of large short positions waiting for liquidation in the 183.6-188 area.
the price is moving downwards, with a large number of large long positions waiting for liquidation in the 171.4-168.3 area.
