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Looking at this wave of market movement, the upper resistance zone is firmly stuck between 94,800 and 95,300. 96,000 is a strong selling pressure point that must be closely monitored. Once this defensive line is broken, it could trigger a chain reaction of subsequent movements.
Conversely, on the lower side, 93,200 to 92,300 is the recent support zone, but if the downtrend really can't be contained, the critical defense line at 91,600 becomes the last fortress—pay special attention.
From a technical perspective, the price is relying on moving averages to gradually move upward, showing a clear oscillating upward trend overall. The 95,000 integer mark now feels quite pressured; whether it can stabilize and break through here will directly determine the future market direction. This signal is particularly worth noting.