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5.9 Luo Yi Lunchtime Mistress Analysis Breaks high then encounters resistance and falls back, the rebound has already peaked
The mistress surges high then falls back, the rebound is weak and encounters resistance! The key point this noon is this line!
At noon, the mistress's movement is linked with Bitcoin, initially rising then suppressing, short-term surge reaching around 2325 encounters strong resistance, unable to continue upward, then oscillates and falls back, rebound momentum clearly insufficient, overall showing a pattern of rising then weakening, short-term sentiment turns weaker.
Everyone, the signal of this rebound and fall back of the mistress is very clear! The bulls are under complete pressure in the 2320-2325 range, multiple attempts to stabilize have failed, selling pressure above continues to release, bullish momentum gradually exhausts, the rebound more resembles a weak correction rather than a strong reversal.
Technical indicators also weaken: KDJ drops from high levels, short-term turning downward, increasing pressure after rebound; 4-hour moving averages start to decline, price is under short-term moving averages, bulls' defense weakens, bears gradually take control of the short-term trend.
Currently, the price is weakly trading around 2310, not gathering strength to attack but a weak correction after the rebound. If in the afternoon it cannot quickly recover and stabilize above 2325, a retest is likely to follow, with key support at 2280-2260.
Practical trading advice: When the rebound reaches the 2340-2330 range, consider shorting, with downside targets at 2270-2250. Strictly control position sizes, avoid blindly bottom-fishing, follow the short-term rhythm, and make steady arrangements!