Yesterday, Silk Dew clearly reminded that the mid-line of the daily chart is around 98800. If it fails to hold, the market will be swept again. Have you referred to this position? Hangqing faced resistance near 102500 and fell all the way down to around 95600, resulting in a drop of several thousand.

Currently, from the market perspective, the four-hour level continues to move downward, with each wave making a lower low, and the downtrend pattern remains intact. At the same time, moving averages are also exerting downward pressure on the coin price. Currently, attention should be paid to the support position of the weekly level 7-day line around 93700. If it holds, a reversal may be possible; if it fails, there is more room for further decline. Intraday, we can still treat it around the high point.

Around 98500-99000 for resistance, looking at 95000-94000 for support.

Hangqing is ever-changing; specifics depend on the market. Be flexible in application and face the market. Remember to manage risk well.