The Bollinger Bands on the daily chart are gradually narrowing, indicating that the market will continue to maintain a volatile trend in the short term.

In intraday trading, the bulls are actively testing the support area below, and if the market can stabilize effectively, a new upward wave may be expected.

Pay close attention to the key level of 96000; if the price finds support at this position and does not break below, it will be an excellent entry point for the bulls.

From a long-term perspective, the price is expected to rise further to around 99000.

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