——Today's Quotes
(1) Double sawtooth decline: Y>1.618W, first to 52300, in line with my reminder in the group to buy the bottom of the full warehouse at 53000. Later, in order to blow up the long position, the market maker forced the price to fall to 49000, which was a bit beyond my expectation, but it just confirmed what I said a long time ago that it would return to the upward channel (blue dotted line). At present, it is basically in the lower channel.
(2) Of course, a full position around 53,000 is also a good point (I have reminded you in the previous fragmentary that I bought some spot with a small position, planning to trade in a short period of time, but it did not succeed because I did not expect the market to be so fierce). This time, the bottom-fishing is still considered to be a rebound, and the target position is around 57,000.
(3) Reasons for not being bullish for the time being: I have repeatedly emphasized that the big cake is suppressed by large-scale cycles such as the monthly and weekly lines, and it is difficult to develop into a larger market. At present, the weekly and monthly lines are still at high levels. Even if this is the bottom, it will still be at a low level for a long time (personally I estimate it will be more than 1 month). Therefore, please be patient and wait. The next market situation will be a bit tiring.