May 25 Morning Analysis

This early morning, Yifan has already informed everyone,
From the trend perspective, after the lowest dip to 76,056 in the early hours, a large bullish candlestick directly pulled back to the key zone, and the current price has risen back to 76,950.8, approaching the upper band of the Bollinger Bands, indicating strong market support, with panic selling quickly absorbed, and the short-term trend shifting from bearish to bullish.

On the technical indicator level, the current middle band of the Bollinger Bands is at 76,627.3, and the upper band is at 77,016.2. The price has already broken above the Bollinger middle band and is launching an attack toward the upper band, with short-term resistance around 77,000-77,016. The moving averages show that MA7 (76,572.5) and MA30 (76,603.5) form a support zone, and the current price is above both moving averages, confirming a short-term bullish trend.

In the short term, as long as the price stays above 76,600 (the Bollinger middle band + MA30), it is expected to continue testing the resistance near the upper Bollinger band at 77,000. If volume increases and a breakout occurs above this resistance, the rebound space will further open, testing the previous high of 77,600. Conversely, if the price falls back below 76,600 support, it may retest the 76,200-76,000 range to confirm the support's validity.
Yifan's personal suggestion: around 75,500-76,000, with targets near 77,000-77,800.