A long bearish candlestick has appeared on the four-hour K-line. The previous bullish attempt to push up to 97000 has failed, and now it has dropped back to test the bottom at 94400, breaking the EMA60 support at 95500. Therefore, the key point is the EMA90 trend line at 94100. If it breaks, there is a high possibility of testing the significant level of 90000. The MACD is shrinking downwards, with DIF and DEA approaching the 0 axis line. The lower Bollinger band support at 95500 has been lost, and currently, the K-line has returned to the Bollinger channel. The focus is on whether 97000 can break through. If it does not break, take some profits from long positions. If it breaks, continue to hold and follow the trend, with long positions as the main strategy and short positions as a supplement.
Short-term strategy reference:
Around 94300 below, defend at 93800, target 95500, and if broken, look at 96500.
Around 96800 above, defend at 97400, target 95500, and if broken, look at 94500.