12.30

From the 4-hour K-line period, the price is currently running below the middle track of the Bollinger Bands. The lower track of the Bollinger Bands has formed a clear structural support, and the short-term downward space is limited. The previous price rebound after breaking the upper track of the Bollinger Bands is a typical technical pullback correction within the Bollinger channel; the previous low of 2890 and the recent low of 2910 have formed a small cycle double bottom pattern, and the technical aspect has released preliminary momentum signals for a rebound and repair.

Overall, the current sideways consolidation is a healthy pullback in the upward trend, with continuous solidification of the support level below. The core pattern of the technical aspect has not fundamentally changed, and the subsequent price still has the momentum and potential to rise.

Operational suggestion: Go long in the range of 86300-86800, targeting 88300-88800.