The current market is in a clear upward trend, with strong resonance of bullish signals in the technical aspect. The bullish alignment of moving averages and the recent golden cross further reinforce the market's bullish outlook. At the same time, the price is approaching the strong support level of 93,500, and the appearance of a bullish engulfing pattern increases the possibility of a rebound. However, the insufficient trading volume data and the lack of effective confirmation of the volume-price relationship introduce some uncertainty to the reliability of the technical signals. The market is currently in an upward trend, with the golden cross and the bullish alignment of moving averages forming a strong bullish resonance, enhancing momentum. Aggressive strategies choose to position in the range above the 93,500 strong support to capture higher potential gains.
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The current market is in a clear upward trend, with strong resonance of bullish signals in the technical aspect. The bullish alignment of moving averages and the recent golden cross further reinforce the market's bullish outlook. At the same time, the price is approaching the strong support level of 93,500, and the appearance of a bullish engulfing pattern increases the possibility of a rebound. However, the insufficient trading volume data and the lack of effective confirmation of the volume-price relationship introduce some uncertainty to the reliability of the technical signals. The market is currently in an upward trend, with the golden cross and the bullish alignment of moving averages forming a strong bullish resonance, enhancing momentum. Aggressive strategies choose to position in the range above the 93,500 strong support to capture higher potential gains.