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January 9 Consort Queen Market Outlook
Four-hour timeframe: After breaking below the middle band of the Bollinger Bands, the price continues to move within the middle to lower band range. Currently approaching the lower band but with weak rebound, the Bollinger Bands are opening downward, indicating a clear bearish trend.
MACD indicator: DIF and DEA form a death cross, the MACD histogram is in the negative zone and continues to expand, indicating ongoing bearish momentum.
Consort Queen Trading Suggestion: Consider short positions around 3150-3200, with a target down to 3050-2900.