On the daily chart, the price has pulled back and then surged again, reaching around the 104100 position. Currently, the price is running near the 107000 level with significant short-term fluctuations. The highs have shifted upward, and the hourly chart shows the trend operating in the upper middle band. The upper band gap has been opened, and there is a possibility of a breakout and further upward movement in the future.
Looking at the short-term 4-hour chart, the Bollinger Bands are in an opening posture. After breaking through the previous high of 107238, the price has retraced to the EMA7 moving average, forming a continuation upward structure. The current price is firmly above the 105000 round number. MACD: Both the 4-hour and daily levels maintain a golden cross state, with both the fast and slow lines moving upward. The daily RSI (14) has broken through the 70 overbought zone but has not shown a divergence signal. EMA: The price has consistently remained above the bullish arrangement of EMA7/30/120, with EMA7 (107952) acting as dynamic support.
The main operation for the day is to focus on high short positions, closely following the operational strategy!!
