Thursday afternoon, from a technical structure perspective, the daily price is still consolidating at a high level, but the auxiliary indicators show a golden cross with decreasing volume, and the fast and slow lines show signs of a dead cross. This suggests that there is a demand for a price pullback and decline in the short term; the current K-line pattern on the four-hour chart is consecutive bearish, with the price below the moving average. The auxiliary indicators are running in a dead cross, and the moving average resistance is around the 103000 area, with signals being quite clear. The hourly chart shows that the price has been under pressure and pulled back in the morning, with the current K-line pattern showing consecutive bearishness and the auxiliary indicators running in a dead cross, indicating that there is still a continuation within the day.

Therefore, in terms of short-term operations, the focus remains on high selling, with the upper area continuing to rely on the 102500-103000 region for selling, targeting the lower area of 101500-100500.