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01 Review of Yesterday
The hourly level saw a downward trend in the morning and an upward trend in the afternoon. The U.S. stock market experienced a rapid decline during the late trading hours, leading to significant volatility, indicating that the fluctuations are expanding from the hourly level to the daily level.
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02 Today's Analysis
The curse of "falling during meetings" has not been broken today, and the market has entered a short-term pullback phase. However, this type of pullback is a technical correction, and the trend remains unchanged, still presenting an opportunity to enter. Currently, the 1-hour and 2-hour levels can no longer support the current high structure, and the market's direction relies on the support momentum of the 4-hour or even 8-hour levels. In the short term, prices are expected to pull back to confirm support in the 92750-90300 range.
At the daily level, the MA120 line (91680) forms the first support zone, while the MA30 line (currently 86470) is still distant but is expected to continue rising, approaching the price range to create a stronger support center subsequently.
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03 Key Ranges
Short-term Support Levels: 92750 / 91680 / 90300 / 88950 / 86120 / 82880
Short-term Resistance Levels: 96188 / 99700 / 102044
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04 Operational Suggestions
The weekly level uptrend has been established, and the current pullback does not change the mid-term direction, representing a good opportunity to enter. In operation, buy on dips in batches, focusing on the first relay range of 92750-90300. If the daily level stabilizes above 91680, the overall strong structure will continue. Avoid chasing highs at elevated levels; it is more prudent to wait for confirmation signals after the rhythm pulls back before re-entering.
05 Today's Recommendation: iP
This coin successfully pulled back to the MA10 at the 4-hour level yesterday and gained support. The current range is stable, and technically, it has the potential to continue rising. After a volume-adjusted consolidation, a strong bullish candle has appeared, and in the short term, it is expected to challenge previous highs, making it suitable for low-position layouts while waiting for a breakout.