Morning Market Technical Analysis!

From the four-hour level, the price has briefly broken through the middle track and recovered upwards, opening up an upward running channel. After a second release of bullish momentum, it continues to maintain a rhythm of reduced adjustments. The moving averages need to consolidate in a roundabout manner during the upward process. The short cycle shows a corrective rise, with a weak pullback appearing in the short term. Today, our strategy is to go with the trend and primarily focus on buying on dips.

The weekly K-line's consolidation upward further explores the bottom today, achieving a conversion of volume. In terms of moving averages, they have already turned. The short cycle's rebound momentum has formed, and although the short-term rhythm is fluctuating, it is merely a state of exchanging time for space. In the future, we will shift our strategy to buy on dips at low levels and look for gradual breakthroughs upwards.

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