Monday: Those who are truly upward never fall due to a moment of humility; the upward trend will not change.
Time will not forget anyone, nor will it betray those who are sincere. All results depend on how you treat the process, rather than how you respect the outcome.
On Monday, the market surprised many bulls; the early session maintained fluctuations and recovered upward, but then it dropped sharply. The results far exceeded our expectations for the bull surge. However, as always, adapting in real-time is our unchanging original intention for short-term engagement; the result is correct, while the process doesn't matter.
From the midnight market view, the rhythm shows pressure at the 98000 mark, leading to a pullback. The trend adjustment needs further consolidation. The short-term pullback did not affect the trend; it’s merely a struggle between bulls and bears. But how the real bulls and bears interact is clear to those who understand. Do not easily assume that a short-term pullback during the trend consolidation phase indicates a reversal. The overall direction remains bullish; it's just a matter of a consolidation period.
For the future market outlook, we still hold a bullish view, suggesting to buy on dips and at lower levels:
Short-term:
I personally recommend buying in the 94500-94800 range, targeting 96500-97500.
Swing:
I suggest buying in the 93800-94800 range, targeting 98000-102000.
Medium-term:
I recommend buying in the 93000-95000 range, targeting 105000-108000.