After touching the low point of 85,000, the market has been consolidating around 86,000, with a short-term slight rebound. The next focus is on whether this low point will form an effective bottoming structure.
The four-hour Bollinger Bands are showing a diverging downward trend, with the middle band acting as resistance near the 89,500 range, which was the recent sideways trading zone. If bullish momentum recovers, it is necessary to observe the test of this resistance zone.
Operational strategy can refer to: consider entering long positions around 85,700, targeting the 88,000-88,500 range, while paying attention to risk management.
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After touching the low point of 85,000, the market has been consolidating around 86,000, with a short-term slight rebound. The next focus is on whether this low point will form an effective bottoming structure.
The four-hour Bollinger Bands are showing a diverging downward trend, with the middle band acting as resistance near the 89,500 range, which was the recent sideways trading zone. If bullish momentum recovers, it is necessary to observe the test of this resistance zone.
Operational strategy can refer to: consider entering long positions around 85,700, targeting the 88,000-88,500 range, while paying attention to risk management.