Beijing Dog Er Dogzi surged to 2910 yuan early this morning. How to interpret the key technical aspects?

Beijing Dog (Second Dog) showed an intriguing trend during the early hours of this round of market movement. The current price is around 2910 yuan, just one step away from the 3000 yuan psychological threshold, but the main capital’s push remains insufficiently strong, and the market has fallen into a short-term wait-and-see stalemate. From the market performance, there is a lack of clear breakout signals, which instead suggests that this stalemate may be brewing for the next upward surge. Investors should avoid impatience and patiently wait for a genuine downward opportunity after adjustments.

Daily Chart Level: Moving average resistance combined with MACD bearish signals, downward momentum not yet exhausted

From the daily K-line perspective, Beijing Dog’s second dog price reached a high of 2997 yuan and a low of 2898 yuan, with a clear volatility. Technical indicators show pressure signals, with the EMA moving average system maintaining a clear bearish arrangement, among which EMA15 has risen to around 3026 yuan, exerting significant resistance on the price. The MACD indicator is in a shrinking downward phase, with DIF and DEA lines continuously expanding below the zero axis, indicating that bearish energy still dominates. The lower band of the Bollinger Bands has moved down to around 2778 yuan and continues to decline, implying that both resistance above and support below are moving downward simultaneously, presenting a generally weak pattern. If the current correction lacks volume support, it indicates that the main force has not given up on the downward trend, and there is no need to consider the possibility of a northward reversal for now.

Four-Hour Level: Short-term opportunities during rebound correction

At the four-hour level, the K-line shows another perspective. After failing to break through the EMA60 moving average, the price retraced to around the EMA30 (about 2940 yuan) for consolidation. In the short term, attention should be paid to the 3000 yuan resistance level. Meanwhile, MACD shows signs of continuous volume expansion, with DIF and DEA demonstrating upward diffusion near the zero axis, indicating an increased bullish momentum. However, it’s important to understand that this is merely a rebound adjustment within a downtrend, and the overall trend remains weak. Even if the price does not effectively break below key support during the day, investors can consider entering short positions after a strong breakout above the Bollinger Band upper band (around 3000 yuan), following the trend to seek short-term correction gains.

Trading Strategy: Wait for Bollinger Band breakout to explore downward space

The current technical outlook for Beijing Dog’s second dog clearly signals that this is a rebound correction phase within a downtrend. The key is to wait for the price to align with technical indicators. If the price can break through the upper band of the Bollinger Bands, it indicates that the rebound momentum has been fully released, increasing the likelihood of a subsequent pullback. Investors should remain patient, only re-entering short positions after confirming the rebound has weakened, thereby avoiding false signals and effectively improving trading success rates.