ASR-VC Indicator 4-Hour Channel Status Update: Dawn of a New Day, Awaiting the Trend

At 8 AM this morning, the ASR-VC Indicator 4-Hour line exhibited a critical anomaly, akin to a ray of light piercing through the bullish camp. The price surged suddenly, leaping above the middle band of the Bollinger Bands, resembling a fierce lion awakening after a long slumber. Meanwhile, the spot premium index also rallied, successfully returning above the 0 axis. This series of signals undoubtedly injects a strong tonic into the market.

Currently, the area around the middle band has become a battleground for bulls and bears, and the subsequent price movement is focused here, gradually revealing two scenarios:

Scenario 1: If the price can firmly establish itself above the middle band, it would be like building a solid fortress on the edge of a cliff. The slow downward trend that has long been suppressed by the middle band is expected to come to an abrupt halt, and in the short term, the price is highly likely to initiate a rapid counterattack. The first target of this charge is directed towards the key area of the yellow line at the upper boundary of the southern fluctuation channel, estimated to be around 102300. Given the energy accumulation from the previous prolonged downward fluctuations, it resembles a spring being excessively compressed. Once the market structure completes its repair, the subsequent explosive energy could be beyond imagination, and it is not ruled out that the price will again aim for the orange average pressure area, launching an attack towards higher peaks.

Scenario 2: However, the market is unpredictable, and if the current breakthrough of the middle band is merely a false move, and the price fails to solidify its foundation above it, the bears may make a comeback, and the original slow downward trend could continue. In the short term, the price is highly likely to test the bottom, and the lower support level of 93600 will face severe testing, becoming the last line of defense for the bulls.

In summary, the movement near the middle band (96800) has become the market's 'barometer'. To the upside, the rebound momentum has already accumulated, holding great potential; to the downside, it is highly likely to extend the existing downward fluctuation structure. Currently, the overall market remains deeply mired in a dull fluctuation pattern within a large range, akin to a chess game entering a prolonged stalemate phase. As investors, one must maintain patience, quietly lie in wait, and anticipate the arrival of a trend that breaks the deadlock and surges forward, in order to navigate precisely through the ever-changing market and reap profits.