5.1 Thursday Zhiming Morning Analysis and Suggestions
First of all, Zhiming wishes everyone a happy Labor Day holiday! Now, looking at the market, the current four-hour K-line has dipped to the EMA60 medium-term support zone around 92500. There have been two effective rebounds within the 92500-93000 support range today, and the intraday chart shows clear signs of capital protection. The main force has built a solid defense in this area. The MACD indicator shows subtle changes; although the histogram has been continuously shrinking, the energy density has significantly thickened. This "volume contraction with stable price" technical pattern often indicates that the market is experiencing capital accumulation, and the main funds may be strategically building positions. The Bollinger Bands maintain a horizontal running state, with the distance between the upper and lower bands continuously narrowing, indicating that market volatility is in a consolidation phase. It is important to pay close attention to whether an effective breakthrough can form above at the upper band resistance. The morning market is expected to make a rebound first, followed by another pullback.
Zhiming's Suggestions
Bitcoin around 94500-95000, looking at 99500-93000
Gold around 1810-1820, looking at 1780-1760
