Monday daytime market: In the morning, the price dipped to around 87,500 and then rebounded to around 90,000 before consolidating sideways in the afternoon. Currently, the daily chart shows a shrinking bullish head with increased volume and a bullish candlestick. Last week's weekly candle has an upper shadow with a bearish body. The four-hour structure indicates the price is near the midline resistance. The hourly structure shows decreasing volume in the bullish head, with the KDJ gradually forming a death cross and moving downward. The market continues to maintain a sideways consolidation mindset in the evening.
The current price is around 89,800-90,300. A direct breakout above this range targets below 88,500-88,800. The posture remains in a sideways consolidation.
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Monday daytime market: In the morning, the price dipped to around 87,500 and then rebounded to around 90,000 before consolidating sideways in the afternoon. Currently, the daily chart shows a shrinking bullish head with increased volume and a bullish candlestick. Last week's weekly candle has an upper shadow with a bearish body. The four-hour structure indicates the price is near the midline resistance. The hourly structure shows decreasing volume in the bullish head, with the KDJ gradually forming a death cross and moving downward. The market continues to maintain a sideways consolidation mindset in the evening.
The current price is around 89,800-90,300. A direct breakout above this range targets below 88,500-88,800. The posture remains in a sideways consolidation.