2025.12.23

The current 4-hour chart is in a pullback phase after an upward movement. If it does not stabilize after the drop, the 4-hour MA5 will continue to decline. The Bollinger Bands are opening up, with the upper band moving upward, the middle band moving downward, and the lower band also moving downward.
The three lines correspond to prices 127, 125, 124
The bearish volume on the 4-hour level has increased, which may indicate a downward trend.
The short selling volume in the past hour has started to increase, indicating a possible downward trend.

Moving Average: 4-hour chart ma5 and ma10 death cross moving down, K line is located below the short-term moving averages ma5 and ma10.
In the 1-hour chart, the death cross of ma5 and ma10 is trending down, with the K-line positioned below the short-term moving averages ma5 and ma10.
MACD
MACD indicator
The 4-hour chart is above the 0 axis, and the bearish momentum is increasing.
1 hour is below the 0 axis, and short selling volume is increasing.
RSI indicator
The 4-hour RSI indicator is currently in the normal trading range, with the double line down corresponding to the ranges of 28 and 20.
The 1-hour RSI indicator is currently in the normal trading range, with the double line upward corresponding to the range of 27 and 20.

Conclusion: Market decline

Resistance levels: 125, 127, 129
Support levels; 123, 121, 118
High-altitude strategy: near the head position around 127
First take profit: 125 Second take profit: 123
Long strategy: Build positions around 123
First take profit: 126 Second take profit: 128