Currently, the 4-hour Bollinger Bands are continuously diverging downward, and the price has tested the 88,500 level multiple times without breaking through. The resistance above remains strong.
The short-term support level below is maintained at 85,000, and it is likely to continue testing the validity of this support.
For evening trading, it is recommended to focus on shorting high and buying low as a supplement. The current price is at the lower end of the range, so you can watch for a rebound first. If the rebound reaches 87,500, you can consider short positions, targeting the 85,500-85,000 range.
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Currently, the 4-hour Bollinger Bands are continuously diverging downward, and the price has tested the 88,500 level multiple times without breaking through. The resistance above remains strong.
The short-term support level below is maintained at 85,000, and it is likely to continue testing the validity of this support.
For evening trading, it is recommended to focus on shorting high and buying low as a supplement. The current price is at the lower end of the range, so you can watch for a rebound first. If the rebound reaches 87,500, you can consider short positions, targeting the 85,500-85,000 range.