11.22 Evening Big Cake Perspective
Today, the big cake surged strongly in the morning to around 99400 before starting to pull back and consolidate. Currently, it is continuing to hover in the range of one thousand points above and below, which indeed keeps people's desire to break through 100k on edge.
Overall, my view is still bullish. The current bullish structure hasn't ended, and this wave of bullish structure has given an expected range of 110k-120k. As it stands, there is still over 10k points of space, and long positions can still be held patiently.
Moreover, is there really pressure at 100k? I believe this is just a psychological pressure for people. The upcoming breakthrough of 100k is a certainty, but currently, there is some selling pressure near 100k, so it is advisable to reduce positions appropriately in this range to avoid pressure.
The current strategy is overall focused on low buying.
Current trading range: 98400-98900
Those who like to follow the strategy can find me on the homepage.