The pancake has pulled back from the high position of 996 to a low of 958, a pullback of nearly 4000 points. Over the weekend, the correction phase has been completed, and this week we will gradually build momentum to break through the 100,000 mark.
As mentioned in yesterday's weekly review, don't mistake a pullback for a reversal. I won't elaborate much today. New followers can check the records; today's outlook remains bullish. After the pullback, we need to consider where to enter, which is worth thinking about.
As of 3:15 PM, the price has reached the 982 level. In the short term, pay attention to the 986 position. If it drops from Sunday, after breaking 986, there is a short-term resistance at 990 above. Once 990 is broken, we are heading towards 100,000. I've emphasized multiple times before, breaking the 100,000 mark will inevitably lead to an acceleration phase.
If it cannot break the 986 level, it will pull back to test the short-term support at 970-971. As for the early morning low of 958, it is unlikely to reach that today. Therefore, after the pullback, refer to 970-971 for entry. Above, we will look at 982-985-990 in sequence.
I am Fenglang, I never give ambiguous analysis, and I like to gain followers.