Yesterday, Silk Dew clearly reminded that the daily mid-track is at 98800. If it is broken, the downfall will sweep again. Have you referenced this position? Hangqing faced resistance around 102500 and fell to about 95600, a decline of several thousand.
Currently, the market shows that the four-hour level bottom is continuously moving down, with each wave forming a lower low, and the downtrend pattern remains intact. At the same time, moving averages are also suppressing the cryptocurrency price. Currently, attention should be paid to the weekly level support position at around 93700; if it holds, a reversal may be possible. If broken, there is more room for further decline. Intraday, it is still advisable to treat it around the high trend.
Around 98500-99000, watch for the trend, looking at 95000-94000.
Hangqing is ever-changing; specifics depend on the market, apply flexibly, and face the market. Remember to manage risk well.