Evening Analysis on May 6

Recent prices have shown an overall downward trend, continuously declining since reaching a high point on May 3. Currently, prices are hovering near the lower Bollinger Band, indicating signs of market overselling, and may enter a consolidation phase.

In the short term, market volatility has narrowed, and prices may continue to oscillate within a low range. The operation of the Bollinger Band indicates that downward pressure still exists, but if prices can stabilize near the support line, a rebound may occur in the short term. The combination of hammer candlestick and black three soldiers patterns suggests a continued weak trend in the short term. Therefore, the focus for the evening remains on short positions.

Big Cake: Target near 945-950, break below 935-930, look for 910

Second Cake: Target near 1815-1830, break below 1780-1720, look for 1680