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✅ 4-hour frame trend analysis
● After retracing from the high of 5046, the price formed successive lower highs and lower lows.
● The 5000 and 4950 class main chassis are obviously damaged.
● Price is currently trading below MA10 and MA20, with the moving averages arranged in a bearish manner.
● The Bollinger Bands are expanding downward, and the price is moving near the lower boundary of the Bollinger Bands.
● After retracing from the high of 5046, the price formed successive lower highs and lower lows.
● The 5000 and 4950 class main chassis are obviously damaged.
● Price is currently trading below MA10 and MA20, with the moving averages arranged in a bearish manner.
● The Bollinger Bands are expanding downward, and the price is moving near the lower boundary of the Bollinger Bands.
📌 Summary of four hours:
The trend has turned into a dominant downward structure, and the market is currently in the continuation stage of the downward trend.
✅ Trend analysis in one hour frame
● A strong bearish candle accompanied by increased trading volume pushed the price to a low of 4859 points.
● Then it rebounded slightly, but failed to break through 4950 points.
● The moving average divergence is bearish, and the rebound momentum appears weak.
● The 4890-4900 area is short-term resistance.
📌 One hour summary:
The short-term rebound is weak, and the overall structure is still bearish.
🔴Resistance
● 4890-4900 (short-term resistance)
● 4930–4950 (strong resistance area)
🟢Support
● 4840–4850 (current bottom area)
● 4800–4750 (next target area)
✅ Trading strategy reference
🔰 Sales Strategy (Main Trend: Sell on Rebound)
👉Entrance 1: Gradually build a position between 4890-4900
👉Entrance 2: Gradually build a position between 4930-4950
🎯Target: 4850/4820/4800
📍Logic: Sell on rebound in downtrend structure.
🔰 Buying strategy (only for oversold rebounds)
👉Entry: The trading volume is light around 4830-4850
🎯Target: 4880–4890
📍Logic: A technical rebound after oversold trading is not suitable for long positions.
✅Risk Management
● If the price returns and stabilizes above 4900 → the downward momentum weakens.
● If the price breaks above the 4840 level → the decline may accelerate towards 4800.
● At this stage, the downward trend has been determined, and the rebound is a technical adjustment. Avoid large-scale buying for the purpose of bargain hunting.
