12-14 Morning Thoughts
The trend has been reaffirmed; after a period of adjustment yesterday, the market rose again after retracing to around 100000. It then rose to about 101800, and in the early morning, it readjusted to about 101200. The primary asset initially dipped slightly before rebounding, continuing to oscillate at high levels, with an upward trend beginning to appear. In the hourly chart, several bullish candles have emerged, indicating strong buying support below, although the risk of a pullback remains.
The MACD indicator is currently in the positive zone, with the DIF line crossing above the previous night. The primary asset initially dipped slightly before rebounding, continuing to oscillate at high levels, with an upward trend beginning to appear. In the hourly chart, several bullish candles have emerged, indicating strong buying support below, although the risk of a pullback remains.
The MACD indicator is currently in the positive zone, with the DIF line crossing above the DEA line, forming a golden cross. This signal also indicates a possibility of upward movement in the short term. Furthermore, the EMA three lines are in a bullish arrangement, with the price hovering above EMA7, undoubtedly showcasing a short-term positive trend. The weekend will continue with oscillation and adjustment to build momentum for upward movement. In summary, the main theme is oscillation at high levels.
The primary asset retraces to around 100500—100700 with a target of 103000.
The secondary asset retraces to around 3900-3802 with a target of 4000.
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