Good morning, currently around 2050. From a technical perspective, although it hasn't reached "overheated" yet, the RSI is approaching 70. This level could exert some pressure and potentially cause a reversal downward. Although DuoTou experienced a surge and celebration last night, let's not forget that the market sentiment is still in "extreme fear." Such a rebound is most vulnerable to a sudden turn.
Candied orange faces resistance around 69500-70200, and may test the 68200-66800 range afterward;
Concubine faces resistance around 2060-2085, and may test the 2010-1965 area afterward.
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Good morning, currently around 2050. From a technical perspective, although it hasn't reached "overheated" yet, the RSI is approaching 70. This level could exert some pressure and potentially cause a reversal downward. Although DuoTou experienced a surge and celebration last night, let's not forget that the market sentiment is still in "extreme fear." Such a rebound is most vulnerable to a sudden turn.
Candied orange faces resistance around 69500-70200, and may test the 68200-66800 range afterward;
Concubine faces resistance around 2060-2085, and may test the 2010-1965 area afterward.
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