ThePhoenixFliesAcrossTheVast
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K-line pattern: Recently, the overall K-line has maintained a fluctuating upward trend, continuously creating new short-term highs. However, when approaching around 118300, a K-line with a longer upper shadow appeared, indicating that there is certain selling pressure above. The bears have started to exert force, which may trigger a short-term price adjustment.


Volume situation: During the price increase, the trading volume has not significantly expanded and has remained relatively stable. This indicates that the forces of buyers and sellers are relatively balanced within the current price range, but there is a lack of strong buying pressure needed for a sustained rise. If the subsequent trading volume cannot effectively expand, it may limit the potential for price increase.
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