Bit Ding Dong 12.24 Tuesday Afternoon Analysis. MA (5), MA (7), and MA (10) indicate that price fluctuations may be more frequent in the short term, and the market is in a state of consolidation. MA (30) shows as 97290.92 on the chart. The price is currently below MA (30), and the long-term trend may still have some downward pressure, but the recent rise is challenging this long-term trend. When the price rises to around 95975.17, there is a noticeable peak in trading volume, which may indicate a large number of buy orders at this price level. If subsequent trading volume can continue to increase, the likelihood of price rising is high; conversely, if trading volume shrinks, the price may experience a correction. If the price can break through the resistance level of 95975.17 with accompanying volume, it may rise further. However, if the price encounters resistance near 95975.17 and trading volume shrinks, or if technical indicators show divergence, the price may correct to around 93581.32 in search of support.

If the price breaks below the support level of 94352.48, it may further decline to around 92520.00 or lower.

If the market shows reversal signals, such as a sudden increase in trading volume along with price rising above short-term moving averages, a short-term rebound may occur, but this possibility is relatively low.