#创作者挑战赛 From the perspective of the daily candlestick chart, the overall market is showing a weak pattern. The price has failed to effectively break through and stabilize above the key support turned resistance level of 98000 after multiple attempts to Rebound, instead forming a downward trend after breaking through. From a technical perspective, the Bollinger Bands are diverging downwards, with the channel continuously expanding, suggesting that the downside space may further open up. At the same time, the moving average systems of various periods are in a formation of short positions, continuing to exert downward pressure. Of particular importance is the 15-day moving average, which has shifted down to around 98300 and formed dynamic resistance, with this resistance level gradually moving down over time. Looking at the accompanying chart indicators, major momentum indicators such as MACD, KDJ, and RSI are all in a state of divergence with higher trade volumes, indicating that short positions are dominant. If the market fails to break through with higher trade volumes and stabilize above the short-term moving average resistance with a strong Rebound, the price is likely to continue its oscillation and downtrend, requiring particular caution against the risk of accelerated decline after a breakthrough.
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#创作者挑战赛 From the perspective of the daily candlestick chart, the overall market is showing a weak pattern. The price has failed to effectively break through and stabilize above the key support turned resistance level of 98000 after multiple attempts to Rebound, instead forming a downward trend after breaking through. From a technical perspective, the Bollinger Bands are diverging downwards, with the channel continuously expanding, suggesting that the downside space may further open up. At the same time, the moving average systems of various periods are in a formation of short positions, continuing to exert downward pressure. Of particular importance is the 15-day moving average, which has shifted down to around 98300 and formed dynamic resistance, with this resistance level gradually moving down over time. Looking at the accompanying chart indicators, major momentum indicators such as MACD, KDJ, and RSI are all in a state of divergence with higher trade volumes, indicating that short positions are dominant. If the market fails to break through with higher trade volumes and stabilize above the short-term moving average resistance with a strong Rebound, the price is likely to continue its oscillation and downtrend, requiring particular caution against the risk of accelerated decline after a breakthrough.