From the four-hour perspective, the navigation situation shows a step-like downward trend, and the price has also broken through the lower Bollinger Band. The momentum continues to diverge, and the Bollinger Band maintains a downward-opening posture. Although there has been a slight rebound, it is evident that the desire for upward movement is not strong, and the overall trend is still centered around the momentum.
From the one-hour perspective, after the navigation situation rebounded and warmed up above the lower Bollinger Band, the momentum again showed a two consecutive bearish trend. However, based on previous trends, the lower Bollinger Band has certain support, which also provides a stepping stone for the rebound. Therefore, the morning market will likely first rebound before moving downward. In terms of operation, we will focus on the idea of high momentum after the rebound.
Big Cake around 113500 is available, with a target of 112000.
Second Cake around 4160 is available, with a target of 4000.