Yesterday's rally and the early morning decline were both experienced.
In the short term, it's no longer advisable to blindly remain bullish, not to deny the previous analysis of new highs. The weekly chart closed with a shooting star, mainly because the rebound was quite strong but couldn't hold, invalidating the bullish structure. Looking at today, the market shows obvious oscillation sentiment, and no clear unilateral trend has formed yet. The bulls and bears are still in a tug-of-war stage. In terms of operation, it's not advisable to fight the trend; a short-term approach is recommended, with flexible responses.
Operational reference: If the rebound reaches around 142 and faces resistance, consider shorting with targets at 135–130; If after a dip, a stop-loss occurs and the decline does not continue, you can quickly reverse to a long position and participate in the rebound accordingly.
Oscillating markets emphasize rhythm—don't be greedy or hold on too long; take it step by step.
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Yesterday's rally and the early morning decline were both experienced.
In the short term, it's no longer advisable to blindly remain bullish, not to deny the previous analysis of new highs. The weekly chart closed with a shooting star, mainly because the rebound was quite strong but couldn't hold, invalidating the bullish structure. Looking at today, the market shows obvious oscillation sentiment, and no clear unilateral trend has formed yet. The bulls and bears are still in a tug-of-war stage. In terms of operation, it's not advisable to fight the trend; a short-term approach is recommended, with flexible responses.
Operational reference:
If the rebound reaches around 142 and faces resistance, consider shorting with targets at 135–130;
If after a dip, a stop-loss occurs and the decline does not continue, you can quickly reverse to a long position and participate in the rebound accordingly.
Oscillating markets emphasize rhythm—don't be greedy or hold on too long; take it step by step.