In the sharp retracement in recent days, the big cake has almost given up all the gains accumulated this week, and the market has been pulled back to the vicinity of the origin again. At present, the key point of 91000 deserves special attention. The previous market has repeatedly dropped to this point, triggering a strong pullback, forming a relatively stable support area, which undoubtedly draws a buffer line for the short-term downward trend of the market.
From the technical form of the four-hour line, if it can achieve an upward breakthrough and stand firmly above 95000, and complete an effective closing, then this will most likely be confirmed as a key signal for the short-term market to stop falling and stabilize. Once the subsequent bullish force continues to increase and pushes the price to successfully break through the important resistance level of 98000, the overall market pattern will achieve a gorgeous turn, and the trend from weak to strong will further attract the influx of bullish funds. By then, market confidence will be greatly boosted.
For afternoon pancakes: 93800-93500, looking at 94500-94800
For afternoon aunties: 3260-3240, looking at 3290-3310
