Today’s pie market analysis🧐

Last night's CPI had little negative impact, and the short-term fluctuations of the market still refer to technical fluctuations.

Looking at 1H, the Bollinger Bands are shrinking, and the K-line is negative. The currency price has started to pull back after going out of the negative streak. It is currently moving at the upper rail position of the Bollinger Bands, KDJ is showing an upward posture, and the bullish volume energy column is also continuing to increase its volume.

Looking at 4H, after three consecutive positives, yesterday's decline has been recovered, but the upward momentum is not very strong. It is basically in a slow rise recovery stage. Looking at the three lines of KDJ, it has risen unanimously. The short volume of MACD can gradually shrink. At present, this rhythm is expected. I won’t hold it. After all, the market this week is constantly breaking down, so we still treat the market outlook with a bearish view of a rebound.

Operation suggestions:

Support level: 26300-26500

Pressure level: 27000-27200