The 5-day moving average, 10-day moving average, 30-day moving average, and 60-day moving average are particularly valued by short-term trading technicians. They consider the breaking or surpassing of moving averages as signals for market trend changes, so the failure to break the moving average becomes the basis for many short-term technicians to enter the market. When moving averages create pressure or support for the market, it becomes a natural occurrence.

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We can see that the 5-day moving average, 10-day moving average, and 30-day moving average are all sloping downward, with the price consistently running below the 5-day moving average, which has a strong suppressive effect on the market. Each time the price rebounds to near the 5-day moving average, the 5-day moving average exerts suppressive pressure on the price. As long as the price does not rebound above the 5-day moving average, it presents opportunities for investors to short. The 5-day moving average is also referred to as the "lifeline"; as long as the price does not break through the 5-day moving average, investors can continue to hold their short positions.