Daily level: The price has surpassed the 100,000 mark and is currently making its highest push near 106,000. The current KDJ has a golden cross opening, while the MACD shows a dead cross convergence. The price has also broken through the upper Bollinger Band resistance, and the VOL indicator shows signs of expansion. The 14-day RSI is near 75, while the 7-day RSI is around 81, slightly touching the oversold consolidation, or it may face an end. Overall, the main action is low-position buying near the support level. At the same time, attention should be paid to the pin bar situations that arise during the upward surge!
On the upside: Initial resistance focuses on the intraday high of 106,658 nearby, with further attention on the 110,000 integer level.
On the downside: Initial support focuses on the 100,000 integer level nearby, with further support at the 30-day moving average around 97,488.
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