$DOGE Yesterday midnight, the big pancake market stopped declining and rebounded after probing a low of 113200. By the morning period, the market rose to a high of 114569, but then faced resistance at this position and saw a pullback adjustment. The Aunt market trend synchronized with the big pancake, first slightly retreating to a low of 4263, and then rebounding with market sentiment, reaching a high of 4378 in the morning period. However, after that, upward momentum weakened, and the market stopped and turned into a downward trend.

From the current technical structure of the market, in the four-hour cycle dimension, after completing a rebound trend, the market has shown signs of stagnation. The middle line of the Bollinger Bands serves as a key resistance area in the bullish rebound process and has not been effectively broken as of now. Additionally, the middle line is maintaining a downward movement, indicating that the overall trend is still dominated by the bears, and the downward structure has not undergone substantial changes. Observing the hourly level trend, after the market surged to the upper area of the Bollinger Bands, it encountered obvious pressure and retreated, while the KDJ indicator's three lines have formed a downward turning pattern after entering the overbought zone, with significant signs of a death cross structure, and short-term pullback pressure gradually accumulating. Overall, the morning trading strategy suggests focusing on "shorting on rebounds" and using the middle line of the four-hour Bollinger Bands and previous rebound highs at the hourly level as key resistance levels to plan short positions, with targets referencing recent lows and the support area at the lower line of the Bollinger Bands. #杰克逊霍尔会议

Thursday morning thought: Big pancake around 114500, target looking at 113000

Thursday morning thought: Aunt around 4350, target looking at 4250