2026-01-09 05:38:21

【Price Trend Analysis】

1. Candlestick Patterns:

- Recently, the price has fallen from the high of 3296.84 to 3114.78, forming a clear downward trend with higher highs decreasing and lower lows continuously.

- Daily candlesticks show a slight rebound after consecutive bearish candles, but the momentum is weak, and the overall remains in a correction phase.

2. Technical Indicators:

- MACD: In the 4-hour cycle, both DIF and DEA are diverging downward, and the MACD histogram is negative and expanding, indicating that the bearish force is dominant.

- RSI: RSI(14) current value is 42.38, not in the oversold zone but approaching below 50, showing a slightly weak market.

- EMA: EMA7 (3123.36) and EMA30 (3149.36) are in a death cross, with short-term moving averages clearly suppressing; EMA120 (3076.02) still provides some support.

3. Volume:

- Recent trading volume has increased, especially during the significant decline at 20:00 on January 08, accompanied by a notable surge in volume, indicating strong selling pressure.

- Current volume is gradually decreasing, reflecting increased market caution.

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