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From the perspective of hourly Bollinger bands, the middle and lower lines continue to slope downwards, indicating that the short-term downtrend remains unchanged. However, the lower line is starting to rise, which provides initial support for the price: the narrowing channel, bag closure, indicates a weakening of the short-term game between buyers and sellers, and market volatility is decreasing. Furthermore, previous prices close to the lower line are gradually distancing themselves from support, approaching the middle line, which shows that the strength of the sellers is weakening. Overall, the short trend has not completely reversed, but the strength of the sellers has weakened, and the competition between buyers and sellers is becoming milder.


