With each cycle behaving the same way, but in different proportions, I really don't know whether to buy or wait for the drop. Comment on what you're doing; it helps a lot, and don't forget to follow for more content.
The global market is showing a downward trend, but recently it has exhibited signs of volatile consolidation. The graphical analysis indicates that, on 26-03-2025 at 13:30 (UTC), a bearish engulfing pattern may occur. The key resistance is around 88300, while the support levels are at 87000 and 86700. If the price falls below 87000, it could test 86700; an effective breakout above 88300 could result in a rise. The short-term moving averages are hovering near the long-term moving averages, suggesting an uncertain market direction. The DIF and DEA indicators are gradually coming closer, and the absolute value of the MACD histogram is decreasing, which suggests a weakening of the bearish momentum. On 26-03-2025 at 13:45 (UTC), the price fell below the lower Bollinger band, indicating a potential oversold rebound opportunity. Monitor the trading volume, moving averages, and changes in the MACD to determine the future trend.