In the current market, the daily level horizontal consolidation pattern is clear, and both bulls and bears have not yet released a clear breakout signal; the price rebounded after touching the middle track of the Bollinger Bands and then fell under pressure again, continuing the range trading pattern, requiring patience for the market direction choice signal to become clear. On the four-hour level, the K-line has reclaimed previous losses, overall operating within the middle to upper track of the Bollinger Bands, with signs of bottoming gradually emerging; however, the key resistance level above is noticeably restrictive, with each touch encountering resistance and falling back. Subsequent verification of the validity of the breakout at this resistance level is crucial. Given the relatively quiet trading atmosphere over the weekend, the market is likely to continue the oscillation and consolidation rhythm. It is recommended to mainly focus on low-position long placements, flexibly grasping trading opportunities based on range fluctuations while strictly controlling risks to capture structural profit space.
Saturday afternoon:
Around 87800-87300, look towards 88800-89800
Around 2960-2940, look towards 3010-3040
The progress of society is not achieved by a group of brave individuals pushing the limits of courage, but rather by ordinary people gradually raising the lower limits of courage together.
