The 4H level is currently in a typical stage of bullish exhaustion: the moving average group has confirmed a death cross, the MACD death cross is accompanied by volume expansion in the histogram, and short-term momentum is clearly depleted.
Although KDJ oversold brings a need for technical rebound, historical patterns show that under this death cross + volume expansion background, rebounds are mostly corrective in nature and difficult to achieve trending upside moves.
If this level stabilizes, it could rebound to the 72k resistance zone, but upside momentum is limited.
If there is an effective
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