Recent K-line shows that the market is weakening during a high-level adjustment, with multiple small bearish and bullish lines alternating. The long lower shadow indicates there is support, but the rebound momentum is insufficient.
Technical indicators show that the MACD fast and slow lines are diverging below the zero axis, with the red bars shrinking and green bars increasing. The RSI value is oversold, hovering around 30, and may consolidate or show a weak rebound in the short term.
The price has broken below the EMA7 and EMA30 moving averages, moving away from the EMA120 moving average. The volume is high but gradually decreasing, with dense trading volume near the high point indicating strong pressure, making it difficult for the price to break through.
Operation strategy: In a downtrend, focus on short positions, and establish long positions when stabilizing at low levels.
1035-1045
1065-1075