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During the weekend day session, the market moved upward to around 69100 until the early morning, then pulled back to around 78000. Later in the afternoon, the bullish momentum increased and rose to around 78700. The weekly K gradually shifted from bearish to bullish, forming a doji candle; the daily chart shifted from bearish to bullish. The volume on the “tong” side decreased, and attention is on around 79800. On the four-hour timeframe, the “tong” side shows reduced volume turning into increased volume, indicating an upward trend. On the hourly timeframe, shorts gradually shift to longs, forming an upward crossover.
Sunday night:
Market around 78300–7800 nearby “do…”, focus on 79500–80000 nearby.
Market around 2310–2280 nearby “do…”, focus on 2355–2385 nearby.
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