Yesterday's market rally was purely driven by sudden positive news sentiment, with funds concentrating their entry due to verbal guidance, causing short-term rapid spikes. However, this non-technical trend lacks a sustainable foundation for continued gains. After the spike, it must undergo oscillation and digestion, making it difficult to develop a coherent trend.
From the 4-hour level observation, despite strong rebound momentum, continuous upper shadows show significant pressure, price failed to break above the Bollinger Band upper rail, and the overall downward formation of the Bollinger Ba
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