Analysis and Direction


The overall market shows a clear pattern of oscillation and decline, dominated by bears. The price has been pressured and turned around from the previous high of 82,460.5, continuing to fluctuate downward. Currently, the price has firmly broken below the middle band of the Bollinger Bands and is operating near the lower band, indicating a typical weak downward trend. The three Bollinger Bands are opening downward simultaneously, and the downward momentum is continuously being released.
Recently, the 1-hour K-line has been consecutively closing lower, with very weak rebound strength, and the highs are constantly moving lower, showing a clear bearish arrangement; the lower Bollinger Band is continuously extending downward with no signs of narrowing, indicating that the short-term downward inertia is still present, and there are no signals of stabilization or reversal for now.
The current price is very close to the lower band support, with a very small probability of triggering a slight oversold rebound, but the overall center of gravity has already shifted downward.
Strong Support Zone: 80,100-80,090. Once the real body effectively breaks below this level, the downward space will further open, targeting the 79,500 level.
Support Level: 81,000 integer level + Bollinger Band middle line at 80,986. This is the key dividing line between strength and weakness. For the price to turn stronger, it must stabilize above the middle line again.
Overall, the market is mainly bearish; be cautious when bottom fishing.
Steady Strategy: If the rebound faces resistance and does not break above the 81,000 middle line, prioritize short positions following the trend, targeting the 80,100 support, and continue downward if broken.
Aggressive Strategy: If the support at 80,100-80,090 on the lower Bollinger Band is not broken, you can take a small position to bet on an oversold short-term rebound, with a stop loss below 80,000, and the rebound target is in the 80,800-81,000 range.
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