5.2 Morning Analysis

Yesterday, it was reminded to rise first and then fall back, resulting in a big jump 🫓 that soared to the vicinity of 974. We exited at 962 with a small loss. At this point, I emphasize the importance of defense again; those who didn't participate are either trapped or suffering losses. Now, if we stabilize above the 960 range, the situation will change. Pay attention to 975 above and 960 below; please adjust flexibly according to market trends.

From a technical perspective, the overall situation is still one of high-level fluctuations. The hourly MACD is above the zero line, but the red bars are shortening, indicating a temporary pause in upward momentum. If the DIF line turns downward, it may trigger a short-term pullback, with the first key support to watch being EMA7.

The RSI14 value hovers around 60, not reaching the overbought zone. If it stabilizes at the midline (50), it retains upward potential; conversely, if it breaks below, it may deepen the adjustment. EMA7/30/120 still shows a bullish arrangement, with prices stabilized above short-term moving averages. However, if it loses EMA7, it may further test the strength of EMA30 support. Overall, it is still primarily a rise followed by a fall with a focus on high-level fluctuations.

For the rebound near 975-970, look for fluctuations.

Target around 960-950.

For the rebound near 1875-1860, look for fluctuations.

Target around 1815—1800.