Today's Market Analysis and Trading Suggestions
I. Market Overview
The daily chart shows a slight rebound after minor pullbacks on December 1st and 2nd, but it failed to break through the previous high.
II. Technical Indicator Analysis
1. MACD (Hourly Level): The fast and slow lines are moving near the zero axis, indicating a temporary balance between bulls and bears, but there is a tendency to weaken in the short term.
2. RSI (Hourly Level): After approaching the oversold area, there has been a rebound, currently in the neutral zone, with market sentiment being cautious.
3. EMA: The price is below EMA7, and EMA7 is conjoined with EMA30 and EMA120, indicating an unclear short-term trend, while the medium to long-term still maintains an upward trend.
III. Trading Reference
Consider going long around the support level of approximately 95450, with a target of 97600; attempt to go short near the resistance level of approximately 98450, with a target of 95800.
