The presidential election has settled, US stocks soar, the cryptocurrency market surges, and the myth of overnight wealth was realized by someone yesterday; perhaps he is just a lucky individual among countless retail investors. The norm of the market is Murphy's 80/20 rule—don't believe it? You can taste it and ponder it.
I went to bed around 6 PM last night after staying up all night the day before, waiting for a pullback. It wasn't until 4 AM that it came down, and I decisively jumped in at the 690 line (having received news from Old Trump in advance). Sure enough, during the voting phase in the morning, Old Trump was as steady as a mountain, and the market briefly surged to the 756 line, skyrocketing 6000 points. This wave of gains is quite satisfying; the sleepless night was worth it.
A simple analysis of today's market trend:
Currently, it's a slow upward squeeze. No need to discuss technical aspects, resistance, support, etc. Many major influencers said there was resistance at 720-730 yesterday, but look, a strong one-sided move has arrived, rendering all resistance useless. Now the focus is on where to go long on the pullback; that's the key. Going short means just waiting to be blown up, unless your margin is sufficient.
From 756 to 727, a pullback correction of 2900 points occurred, and in the morning there was a rise to the 764 line. Based on the pullback amplitude, today's extreme pullback position is 735. If it breaks below 735, then it will go to 715. In the strong one-sided move, the pullback cannot be too large, or it will be detrimental to the strength.
From the 4 PM trend, it is still a strong one-sided move. Now, pulling back to the 744 line, it is highly likely that this is the lowest point for today's pullback. Therefore, I recommend entering long at the 744 line, looking upwards at 756-765-770.
I am Feng Lang, never giving ambiguous analysis. If you like it, please follow #山寨季将至? #美国大选后涨或跌? #BTC创历史新高 .