12.4 Wednesday Evening Silk Road:
In the four-hour candlestick chart, the price is hovering between the middle and upper bands, the Bollinger Bands are gradually flattening, and the market has yet to show a clear one-sided running direction.
The instrument started to decline after a wave of highs in the afternoon, and has been oscillating around 3730. From the four-hour perspective, the instrument's four consecutive bullish candles are indeed quite impressive, reaching the resistance level starting with 37, but it is only just starting with 37, and there won't be excessively strong continuation. It is expected that the big pie will experience a pullback in the evening.
In the short term, the big pie is maintaining a fluctuating pattern and won't have too much one-sided continuation. Currently, the price is hovering around 96500, frequently testing new highs, but it is evident that there is little hope for a breakout. Based on the current trading volume, bears are still in the dominant position, and the outlook continues to be bearish in the evening.
Wednesday Evening Trading Suggestions:
Big Pie: Short around 96700, target 95500
Instrument: Short around 3745, target 3680