SATS Market Analysis:

From the K-line perspective: The market has now reached the bottom range, currently forming at the bottom, and is forming an upward triangle at the bottom, with fluctuations at the bottom;

From the MACD analysis: The fast and slow lines are about to form a death cross near the 0 axis, we need to wait for the market to generate a golden cross before waiting for a bullish signal;

From the RSI analysis: The relative strength index's fast line (5-day RSI) has already crossed below the 21-day relative strength index, and now the 5-day relative strength index is 32, which has not entered below 20, we need to wait for the relative strength index to continue to decline, or for a reversal to confirm the market.

Summary: The market has already formed at the bottom range, and there will not be another significant decline in the short term. After the market stabilizes, it will rise again with the return of capital, so hold on to your chips and wait for the market to come!

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