Wild dealers launched a surprise attack on the weekend, and bulls suffered heavy losses
The big pie dealer has been playing really wild recently. After the strong pull-up last Friday, maliciously blowing up the short orders with 10 times leverage or more, they did not choose to ship immediately but pretended to perform a sideways breakthrough. Just yesterday afternoon, they made a small pull-up to around 62,000, successfully attracting bulls to board.
Then they started to ship, and the market was smashed all the way to around 60,000 before stabilizing. You thought it had fallen to the bottom, and you went to sleep after buying the bottom, which was exactly the trap of the dealer. At 3 o'clock, the dealer shipped directly again, smashing it to 58,000. The long orders we placed at the support level of 59,300 yesterday also successfully triggered the stop loss.
Back to today's market analysis: From the K-line, the 1-hour level is a downward trend, but there is a bottoming phenomenon. The 4-hour level is a downward trend. The 12-hour level has just entered a downward trend. If it can recover the 60,000 mark before 12 o'clock, it will get out of the downward trend. The daily level is still in an upward trend. The intraday pressure level is 62000 and the support level is 56200.