The daily line is a small bearish candle with a long lower shadow, and the trading volume is about one-third less than the previous day, indicating a downward oscillating trend.
The daily MA30 line is still in a downward trend, and the MACD is near the zero axis, transitioning from weakening upward momentum to strengthening downward momentum.
The price is still further probing downward, and the moving averages are still entangled together. Short-term adjustments need to continue, with strong support levels remaining in the previous 10000-9400 range.
Buying on dips in the spot market, we are waiting for a weekly level rally. 90% of the gains are achieved within 10% of the time. When there is no rally, it’s rubbish; when there is a rally, it’s a fighter jet.
Daily level resistance at 12000-13200-14400-15300-17280, support at 10000-9400-8800-7760
