At present, from the four-hour chart, it has seriously fallen below the lower Bollinger band. It hit the lowest level of 58180 in the morning and rebounded slightly. The current price of the currency is running around 59200, and KDJ turned upward from a low position to initially form a golden cross.
However, MACD still diverges downward, and the volume continues to increase. From the overall market perspective, the price of the currency has fallen too much, and the overall indicators are strong in the short position. The intraday rebound is mainly for high altitude layout