Pancake Thought Verification: Expectations for the Market
Just performed a technical analysis, the four-hour chart shows "the series of three consecutive bearish candles has engulfed the gains and returned to the range", while the one-hour chart indicates a downward bias in the Bollinger Bands with the midline acting as resistance, suggesting a short position at 118000 targeting 116000.
Now the market trend perfectly aligns with the prediction! The price continues to decline, breaking through key support levels, fully validating the bearish thesis. The logic of market momentum and patterns has accurately manifested in the actual movement, once again demonstrating the value of technical analysis for trend judgment. Moving forward, we can continue to monitor the continuity of bearish trends and keep pace with the market movements!
