The sharp decline caused the intraday structure to fluctuate, the market sentiment was extremely panic, and the liquidity of funds was low, which was a normal phenomenon.
The market will also enter the repair phase on weekends. The 1-hour MACD has a golden cross below the 0 axis, turning from rebound to adjustment, but the 4-hour trend is still downward.
The upper pressure reference is around 54880.
The current oversold rebound still has a certain strength, and it will not go down so fast, so the short-term support reference below is around 53300.
