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1.14 Evening Analysis
The 1-hour candlestick chart shows a dominance of bearish candles, with the Bollinger Bands continuously narrowing. In the battle between bulls and bears, the bears have a slight advantage. The market surged in the morning then retraced, which is a normal correction after a breakout; although there were multiple attempts to push higher, no effective breakthrough was achieved, and subsequent pullback pressure gradually emerged. For evening trading, it is recommended to continue with the afternoon strategy, mainly shorting on rebounds, with stop-loss placed above the intraday high, and targets set at the lower Bollinger Band support levels.
Suggestion: Short in the 96200–95200 range, targets: 94200, 93200, 92200#GateTradFi上线