Analysis of the Effectiveness of the 91,000 Southbound Strategy for Bing Tang Orange

Currently, at 4:00 AM Beijing time, the futures price of Bing Tang Orange is 89,800 yuan. The previous southbound layout at 91,000 points has been validated as effective. The market has fallen more than 1,000 points from 91,000, confirming the core logic of the pre-market plan—"breakout not chased, pullback entered"—which involves abandoning subjective guesses about price movements and strictly following technical signals to capture key entry points.

On the daily chart, the EMA trend indicator continues to contract, with the 15- and 30-period moving averages forming effective resistance. The MACD momentum bars are shrinking and consolidating, while the DIF and DEA are forming a downward structure above the zero line. If the zero line is broken downward, the trend will weaken further. The upper Bollinger Band resistance is at 92,300. If the middle band support is lost, a decisive stop-loss is necessary. The current lower band target of 87,500 can serve as a medium-term reference.

The four-hour chart shows a typical "sharp rise followed by a pullback" pattern. After the price broke below EMA15 (89,850) and then rebounded to fake break EMA30, it declined again. The MACD bottom divergence signal, combined with the Bollinger Band tightening, indicates short-term downward momentum. Currently, the K-line has fallen back to around the middle Bollinger Band at 89,500 for consolidation, with the lower band at 88,500 serving as the first short-term support.

In summary, the southbound strategy aligns with the current technical pattern. In the short term, maintain a bearish outlook, focusing on the support zone of 88,500-87,500. For long-term positioning, wait for bottoming and stabilization signals. Avoid contrarian rebounds and strictly follow the risk control principles of "trend following and node trading." #btc $BTC