Auntie's Early Morning Technical Analysis Both the 1-hour chart and daily chart show a clear downtrend. * On the 1-hour chart, multiple large bearish candles have appeared recently, especially around 22:00 on March 18, when prices dropped sharply, forming a crash pattern. * The 04:00 candle on March 19 has a long lower shadow, with a low of 2150, indicating some buying support near this round-number level. * On the daily chart, the March 18 candle closed with a large bearish body, confirming strong short-term bearish momentum. The MACD indicator on the 1-hour chart shows both the DIF and DEA lines running below the zero axis, with the DIF line consistently below the DEA line. The MACD histogram is negative, signaling strong bearish momentum. The RSI indicator on the 1-hour chart has been hovering in the oversold zone (around 30 or below) for an extended period, indicating deep oversold conditions, which is characteristic of a trending market. The EMA moving averages on the 1-hour chart show the short-term EMA7 (2197.03) crossing below the medium-term EMA30 (2250.08) and long-term EMA120 (2222.80), forming a bearish alignment. The current price (2191.59) is below all moving averages, which now act as resistance above. Volume: * On the 1-hour chart, during the sharp declines at 22:00 on March 18 and 02:00 on March 19, trading volume surged significantly, indicating strong selling pressure accompanying the price drop and confirming bearish strength. * On the daily chart, the March 18 decline was also accompanied by high volume, further validating the current downtrend. * In the past few hours (07:00 on March 19), trading volume has relatively decreased, which might suggest a short-term easing of selling pressure. However, the overall trend remains dominated by the prior heavy-volume decline.