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【Price Trend Analysis】
1. K-line Patterns:
* On the 4-hour chart, the latest K-line is a bearish candle, with the closing price near the lowest price, and the body is relatively small, indicating short-term selling pressure exists but momentum is weak, and the market is in a sideways and slightly weak state.
* The daily chart shows that after a significant rebound on June 15, the price failed to continue the upward trend, followed by a pullback in the next few days, indicating heavy selling pressure above and weakening rebound momentum.
2. Technical Indicators:
* MACD: On the 4-hour char