1. The 1-hour price is at the lower boundary of the range, the trend is similar to yesterday's "two-level reversal", and a continuous decline will likely break the range. The trend is relatively weak, and there is a clear divergence in the range, with significant volatility expansion.

2. The 4-hour price has broken the lower boundary, the trend is weak, and there is no divergence in the range.

3. The daily price is near the middle boundary, facing support.

B. Support and Resistance

Support: Short-term support is around 104,000 on the 4-hour chart, then pay attention to the previous low near 102,500.

Resistance: Short-term resistance is around 106,300, then pay attention to the previous high near 108,900.