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On the hourly level, the price briefly bottomed out in the early morning and then gradually rebounded. It has now re-entered the key support zone. The middle and upper bands of the Bollinger Bands have turned upward, and the price is currently trading above the middle band and below the upper band, indicating a short-term bullish sentiment has somewhat recovered. After a rapid dip in the early morning, the market experienced a series of positive candles to recover, but there is still some resistance near the upper band. After rebounding to the previous resistance zone, the price shows signs of stagnation.
It is recommended to go long around 2900 and 2930. The initial target is 3070, with a breakout aiming for 3190.