Technical Analysis 2025-08-11
Weekly Level: 【Mainly Short】
A pullback in the upward trend, support at 100000;
// Currently consolidating, waiting for a top pattern at the daily level to enter short positions.
Daily Level: 【Wait for One Day】
Back to high volatility range, watching to see if it breaks above 120000;
Intraday Level: 【Mainly Long】
Upward trend, mainly long; if the daily level resistance at 120000 shows a bearish candle on the 4-hour chart, short positions can also be considered; if it breaks below 117400, the upward trend ends;
// Upper resistance at 120000, lower support at 117400, 116100;
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Weekly Level: 【Wait and See】
Breaking the upper boundary of the large range consolidation, not suitable to chase the rise;
// Waiting to confirm whether the breakout of the range is valid, checking if the pullback to 4000 is a valid breakout.
Daily Level: 【Waiting for Short】
Breaking above the range, the upward trend remains unchanged, multiple indicators are in a divergence state, not suitable to chase the rise;
// If a top pattern appears while maintaining the divergence state, then enter short positions.
Intraday Level: 【Mainly Long】
Upward trend, the market is still overly excited, not suitable to chase the rise, making long positions on pullbacks; if it drops below 4160, the upward trend ends;
// Lower support at 4160, 4010;
