From the four-hour chart, the current K-line presents an alternating arrangement of bullish and bearish patterns, with both sides engaged in a fierce tug-of-war. The key resistance level above and the support level below have not formed effective breakthroughs, making it difficult for the market to develop a strong one-sided trend. Although the short-term rebound pace is relatively slow, the technical indicators have shown signs of a bullish trend, with the middle band of the Bollinger Bands starting to turn upwards, suggesting that the market has further upward potential. In terms of patterns, the four-hour level has accumulated considerable upward momentum.

Buy near 104300, target 106000.