Midnight Market Analysis on Friday, August 29:
The evening market rebounded to around 112700 and rose to about 113400, then fell back to around 112400. Overall, it maintained a small range of fluctuations, with moving averages gradually moving downward.
The evening market rose to around 4570 and then up to about 4613, before a slight pullback to around 4485, fluctuating overall in a swinging pattern.
Currently, in the 4-hour structure, the volume is decreasing, touching the upper band and facing pressure to fall back. Attention is focused on around 111200 below. On the hourly level, there is a decrease in volume, touching the middle band support, with focus on around 110900 below. In the short term, there is a decrease in volume crossing below the zero axis.
Midnight Operations:
For the market rebound around 112700-113000, look towards around 111200-110900.
For the market rebound around 4520-4540, look towards around 4440-4420.
For SOL rebound around 212-214, look towards around 207-205.
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