Morning Thoughts on September 27
The fluctuation of air traffic at midnight can be said to be quite large. From the current overall market structure, with the continuous negative giving to the cake price, it is also in a state of turning negative and correcting. This correction structure will continue at present. After a few thousand points of increase, the correction and decline are normal, but it does not mean that the bullish trend has formed the reverse air traffic I mentioned, at least not at present. The rhythm in the small cycle is still strong. It can be seen that each pull-up will be accompanied by a certain degree of retracement, but it is just the time and size of the retracement. The overall rhythm is still in the high and strong rhythm. Although the current price ratio continues to fluctuate at a high level, there is no obvious large-scale correction signal again. For the follow-up, we can look at the strength of the retracement and then pursue the idea of long. Don't be afraid of high, don't be afraid of high, and go with the trend!
Cake: 64200-64700 more. Target 65300-65800
Ether: 2560-2600 more. Target 2660-2700
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