5.7 Evening Market Analysis of Wanbing

The large coin has fluctuated upward during the afternoon and has risen to around the 970 line, then continued to oscillate in this range, remaining in a consolidation state. Recent momentum is leaning towards the upside, but various indicators point to an overbought condition, indicating potential pullback pressure. Please adjust flexibly according to market trends.

From a technical perspective, the overall state is one of consolidation. The appearance of three white soldiers and a doji in the candlesticks may indicate a trend reversal, and the upper shadow may increase pullback pressure. KDJ is in the overbought zone and may also pull back in the short term. The specific trend will depend on the statements made in the morning to finally judge the direction. In this situation, it is essential to have proper defense and not to hold onto losing positions.

Given this point, the focus tonight is primarily on high and low swings.

For a rebound near 973-978, aim for a target around 958-964.

For a rebound near 1840-1870, aim for a target around 1800-1770.