Week level:
RSI is oversold
MACD high dead cross is above water
MA moving average bullish arrangement
It has now fallen back to MA20 and the Bollinger middle rail support and rebounded
At the weekly level, there is an adjustment in the upward trend.
Note: The weekly level is very large and is only suitable for judging large bull and bear markets. It is not suitable for guiding short- and medium-term transactions, because it is normal for the weekly level to retrace by more than 50% and then continue to rise.
Three-day level: From rising trend to shock trend to shock trend
RSI：50
MACD: Not back to 0 axis
The MA30 moving average has been broken and is currently below the moving average. The next moving average MA60 support is around 52700
Note: The 3-day level has not yet adjusted strongly, and it seems that it has not been adjusted in place at present.
Daily level: Upward trend---downward trend transition, weak volatility
RSI：44
MACD: Below 0 axis, judging as weak
MA moving average: 120-day moving average is supported, and moving averages below 120 are in a short position
Note: The daily level can often be used for medium-term trading. The current overall medium-term trend is bearish, but please note that the decline will not happen overnight. It may retreat three times and advance two times. If it continues to fall, you can wait for the volatility to decrease and the moving average to stick together before it is not too late to take action.
Small scale transactions
5-1 bottomed out and rebounded, but encountered resistance at around 64,600, the starting point of the last wave of decline, and then fluctuated and pulled back;
If it breaks upwards around 63,200, it will continue to rise to the previous high of around 65,000;
It is not recommended to perform any operations in this kind of volatile market because it is very easy to get damaged.
