Friday: The pullback continues, bulls you need to see clearly
Grasping the market means a good market, failing to grasp means a difficult market. However, regardless of the market situation, there will always be someone who stands firm. It's not that others are better than you, but that you are not putting in enough effort.
The overnight market once again dips, continuing a weak downward trend. Although it hasn't plummeted completely, it has provided some room for upward correction. However, it remains in a weak continuation and has not reversed the situation. The bears show signs of seeking solitary defeat.
From a technical structure perspective, on the four-hour chart, the price has corrected without continuation and has once again plunged lower. The upward recovery is blocked and gradually dips down. The weak rhythm cannot be repaired, showing a continuation of bearish sentiment. After a short-term dip, a weak rebound occurred, with weak upward demand. The trend turning bearish is this strong, and there is still room for decline; do not be overly optimistic about the rise.
For the intraday strategy, we maintain a focus on high short positions:
In terms of operations, I personally suggest shorting in the 98000-98500 range, watching for 96500-95500.