Market Analysis

From the current market surface, the lows have been steadily rising during multiple pullbacks, while the highs above are declining, indicating that the oscillation space is gradually shrinking.

Currently, the market has formed a V shape at a high point, which indicates that the bullish trend is relatively strong.

The four-hour K line previously formed strong support at the middle band of the Bollinger Bands, and it is currently moving towards the upper band, so this wave of the market is expected to rise to another level, and the daytime strategy can focus on going long at the bottom.

Operation Suggestions

You can go long around 97200 - 96700, with a target looking towards around 98500 - 99500.

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