Thursday: Trend Reversal and Pullback, Bulls Expected to Gradually Regain Ground
In the absence of soaring days, plainness is a cycle; holding onto our hearts, slowly waiting for the wind to rise, will ultimately connect us with beauty?
The midnight market has arrived as expected with an increase; although there wasn't a strong surge, the apparent bull recovery continues. Currently, there is a demand for pullback, with weak performance, and signs of further probing; the bull counterattack is just around the corner.
From a technical structure perspective, the trend retraces down to the 90800 level, with bulls recovering upward all the way, ideally reaching the 97200 area, with a 6400-point upward space, which is definitely not just a feint. In the short term, we currently see consecutive bearish pullbacks, and with such an upward trend, there hasn't been a decline, indicating that the bulls are fierce; the conversion between the top and bottom still requires further testing.
Today's strategy is mainly to buy on pullbacks at lower levels:
In terms of operations, I personally suggest buying in the 94800-95300 area, targeting 96800-97500.