Tuesday: High-level consolidation correction, continuing to break the high with a sideways movement
Those who follow the trend find it easy, while those who go against it struggle to make progress. Some things do not succeed just because of your efforts, but because of your cooperation, making it seem exceptionally effortless.
Trend is a charm, but also a determination, and it requires your full effort. After yesterday's market stabilized and recovered to rise, it broke through the 100,000 mark and reached the 102,000 level, currently remaining in a sideways correction state. If you didn't go long yesterday, are you still unwilling to follow the trend today?
From a technical structure perspective, on the four-hour level, after a strong upward movement, it maintains a high-level fluctuation, with weak retracement space. Bullish volume continues to increase, and moving averages are gradually rising, stabilizing and continuing. In the short term, it is in a consolidation phase, with volume entities arranged for adjustment, and the rise has no pullback, correcting in a sideways manner. The bulls are not backing down, and the trend is leaning towards bullish during the recovery process, and the upward momentum will continue.
Today's thought is to follow the trend, just go long on the retracement:
In terms of operations, I personally suggest going long in the 101,000-101,500 range, looking at 102,800-103,800.