Market Trend Analysis



Recent Movement:
- Price has retreated from a high level, experiencing a clear downward trend.
- Signs of stabilization have appeared near the bottom area, indicating a potential rebound signal.
- The current price is near the "bull-bear dividing line," suggesting a possible direction choice.

Key Support and Resistance:
- Support Level: Approximately around 100,306.85 (marked with a red dashed line).
- Resistance Levels: Multiple horizontal lines above, located at 105,235.20, 106,606.35, and other levels.

Technical Signals:
- The market may be forming a bottom structure, preparing for a new rebound.
- If the price breaks above the resistance, it could enter a new upward cycle.
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