Technical Analysis 2025-08-07
Weekly Level: 【Mainly Short】
Pullback of the 6th wave in an upward trend, support at 100000;
// Waiting for the daily level to show a top pattern, short position to enter.
Daily Level: 【Mainly Short】
Price is at a critical point, waiting to choose direction, whether to end the upward trend and turn to a downward trend;
// Resistance at 116800, 120000
Intraday Level: 【Mainly Long with Short】
Oscillating slightly upward, resistance at 116900, 118700, support at 114300, 112800;
// Intraday small cycle, bulls are slightly stronger
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Weekly Level: 【Mainly Long with Short】
Large range oscillation, resistance near 4000, support near 2785;
Daily Level: 【Mainly Short】
Pullback of the 4th wave in an upward trend, horizontal instead of falling, second upward exploration, mainly short;
// Pay attention to the area around 4000, if there are top signals, then can enter short.
Intraday Level: 【Mainly Long with Short】
Oscillating slightly upward, resistance at 3877, 3977, support at 3650, 3560;
// At this time, pay attention to small support at 3680, breaking below can further explore near 3320;