The daily line is a bearish candle with a lower shadow, and the trading volume is basically the same as the previous day. The bearish candle's body exceeds half of the previous day's bullish candle, indicating that the decline has not yet fully released. There will likely be a downward trend today.
Currently, this is a rebound from the 1-day MA30 line, which still serves as effective support. In the short term, it is unlikely to break below this level quickly; there will be high-level oscillation here.
The hourly level has pulled back to around 3550. We gave 3590, which is about a point off. A rebound occurred, but the strength of the rebound is average, and there has not been a strong rise to recover the decline.
The current price is oscillating near the 4-hour MA30 line. In terms of operations, one can take short positions at 3550 and 3480, and short positions at 3680 and 3770.
As the price approaches 4000, it is still necessary to reduce positions and wait for a valid breakthrough above 4000 before re-entering on a pullback.
Daily level resistance at 3880-4000-4170, support at 3590-3350-3410-3260-3100.
