BIGTIME

In the 4H cycle, the price reaches the upper edge of the bottom oscillation range (horizontal suppression), which is also the upper boundary of the chip concentration area. Generally speaking, there will be suppression here.

In the 1H cycle, it can be seen that the key prices show signs of strong divergence. Due to too much short-term, combined with short-term confrontation, it is believed that the market will first go through a repair and adjustment here.

After the adjustment turnover is completed, it will break through and may go out of the main rising wave.