In the short term, there are no further driving factors for the big pie to rise, so we can pay attention to whether a slow bottom formation will occur and seek ultra-short-term rebound opportunities based on this. The current price is in the trading range of 93~94K, and if it continues to maintain within this range, the rebound viewpoint can be upheld.
If the first resistance level is broken, we need to observe whether the price can stabilize above 94K and the 120-day moving average. If it can, then ultra-short-term rebound operations can be attempted.
Currently, it is within the trading range and forming a bottom, and a breakout of resistance is expected. If there is a rebound to the upside, it may continue to rise. However, due to strong resistance in the trading range, it is recommended to gradually break the resistance before considering bullish operations.
After the breakout, it is in a volatile range, observe whether there are signs of bottom formation, and maintain the rebound viewpoint. Additionally, the US stock market is closed tonight, so there may be smaller fluctuations; it is recommended to maintain operations within the volatile range and pay attention to entry opportunities at the lower edge of the box.
