The price of the currency dropped from around 99,000 to about 92,600 overnight, causing many to panic, all convinced that a retracement was imminent. However, this is clearly a washout rhythm, and at this time, it tests who is more resolute.
Overall, the speed of the pullback after each major retracement is astonishingly fast; there is no perpetual rise or fall, after all, it has risen by tens of thousands, and a retracement is understandable. Jingwen still firmly tells you: the bull is still here, and opportunities are present.
Operation Suggestions
The major currency is retracing around 92,800-93,500, aiming first for 95,000
