Analysis and trading suggestions for Lu Xing 8.7 in the early morning



Based on the current market analysis and observing the four-hour level, after a three-day upward trend, the upper band of the Bollinger Bands has formed a clear resistance, making it difficult for bullish momentum to support a continuous upward breakthrough. The price has now entered a retracement phase, indicating that this round of upward movement is basically over, and the overall trend is likely to revert to a bearish dominance.
From the hourly level, after a surge, the market has turned into a pullback. The KDJ and RSI indicators all show a downward turn, and the key psychological resistance level above has been struggled to break through for a long time. Based on this, the suggestion for midnight operations is to adopt a high short strategy, betting on the pullback after the surge.

Operational Suggestions:
The pancake is hovering around 115500 - 115800, with a target looking towards 113500;
The concubine is hovering around 3680, aiming for 3580. #白宫加密报告发布#
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