Currently experiencing intense competition between bulls and bears, with increased trading volume. The MACD has a bullish crossover on the hourly chart. Both the one-hour and four-hour charts are situated between the middle and lower bands. If it stabilizes above 4350 on the hourly chart, a breakthrough above 4400 is expected. The hourly chart is continually repeating bearish engulfing patterns followed by weak rebounds. The liquidation intensity for a drop of 150 points and a rise of 150 points is almost equivalent, suggesting that this may be increasing liquidity from a competitive and psychological perspective. Therefore, aggressive traders should implement stop-loss and take-profit strategies, while conservative traders are advised not to take positions, as the return at this level is not favorable. Trading contracts is about psychology and strategy.
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