1.3 Day Market Forecast and Analysis



Based on the current candlestick chart showing the price trend and key levels, the following judgments are made for the upcoming intraday market:

1. Resistance levels: The intraday high of 90456.0 is the core resistance, followed by 90150 and 90073.0 as short-term suppression levels;
2. Support levels: The intraday low of 89866.0 is the primary support, with the 89900-89950 range serving as a secondary support zone.

Trend Forecast and Analysis
1. Short-term rebound rhythm: The price quickly rebounded from the low of 89866.0 to 90073.0. The short-term bulls need to recover, but the rebound strength is constrained by the previous downtrend. If it cannot effectively break through 90150, the rebound is likely to enter a consolidation phase;
2. Consolidation range prediction: The market is likely to fluctuate widely within the 89900-90150 range today. If the low of 89866.0 is broken, it will further test the support at 89800-89700; if it stabilizes above 90150, it may attempt to push towards the previous high of 90300-90456;
3. Trend characterization: The previous rapid decline from 90456.0 formed a short-term bearish trend. The current rebound is a correction after the decline. Until the key resistance is broken, the bearish trend remains dominant.

Operational references
1. Bullish: Enter with a small position around 89800-90000, targeting 90350-90500;
2. Bearish: Consider short positions if resistance is encountered in the 90350-90500 range, with targets at 89800-90000;

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