Sunday: Volatile pullback for accumulation, a significant increase is brewing
To stabilize others, one must first stabilize oneself. For a bull market to maintain the bullish sentiment, it must first stabilize the rhythm of pullbacks; they complement each other to achieve mutual success.
Yesterday's market exhibited the effect of a volatile pullback with a downward probe, reaching a low of 97200 to repair the upward trend. Although the bulls did not provide continuous upward movement, the intensity of the pullback is evident. Do not exaggerate it as a waterfall; it is merely a normal correction in the trend.
From the current technical structure, although the decline has some intensity, it is merely a short-term impact and does not affect the reversal of the trend. The bulls still maintain their position, but without strong momentum. Do not chase shorts; under volatility, a proper pullback is a chance to go long in line with the trend.
Today, we will maintain our strategy of going long at low levels:
In terms of operations, I personally suggest going long in the 97000-97500 range, looking towards 98500-99500.