12.24 Market Analysis and Trading Guidance
The daily chart shows a trend of four consecutive bearish candles, with the MACD indicator continuously releasing bearish energy, and the KDJ indicator diverging downward after crossing. Overall, the intraday market is weak, and it is recommended to adopt a short-selling strategy.
The four-hour closing price has consistently failed to break through the middle track, remaining in the lower zone for a long time, indicating significant pressure from above.
Although there have been rebound phenomena in the smaller time frames, none have effectively sustained, repeatedly retracing after being pressured at resistance levels.
Short at the large range rebound to 96500 - 97000,
Target price 94000
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