#贸易战缓和 This market is really enough to drive people crazy, twice hitting 105000 at midnight only to be knocked down. Right now, the price is hovering around 103500, neither going up nor down.

This chart just makes people sleepy, the entire market is like a sweater that’s shrunk, getting tighter and tighter. This morning's drop was clearly due to those old men at the Federal Reserve being hawkish again, saying that interest rate cuts still have to wait, scaring the market.

Looking at the four-hour chart, it's even more obvious, the Bollinger Bands are like a squashed spring, the upper band is pressed down, and the lower band is pushed up, with the price twisting in the gap in between. Although the price has been swinging between the upper and middle bands lately, it seems like the bulls have a slight advantage, but in reality, neither side can overpower the other.

Switching to the one-hour chart, the resistance level is like a ceiling pressing down, while the support level is like a trampoline holding up, with the price bouncing back and forth in this range of less than 2000 dollars. The current trend is like a belt that’s getting tighter and tighter, and it’s uncertain when it will snap, at which point it will either shoot up or plummet down.