From a technical perspective, the daily price is trapped between the middle and lower bands of the Bollinger Bands, with a neutral to weak pattern.
In the MACD, the bearish momentum is dominant, with the DIF line below the DEA line, and the moving average system is not in a bullish arrangement, indicating ongoing downward pressure.
The market's rebound is strong, with the price approaching the middle band of the Bollinger Bands, but the KDJ indicator has formed a dead cross, and the histogram above the MACD 0 line is gradually shortening, suggesting enhanced bearish energy in smaller timeframes; the operational strategy should focus on higher short positions.
Short at the 105000 line, with a stop at 105500, targeting 103500-102500
