Suddenly, like a spring breeze in a night, thousands and tens of thousands of coins rise in unison. Many people are smiling happily, they should have followed the trend to buy at the bottom, they are already on board. Some people are slapping their thighs, wanting lower prices, wanting to prove themselves as gods, buying at the peaks. Alright, I can only submit to you.
Recently, the US stock market has fallen for five consecutive days, but yesterday it opened low and went high, which can be considered a recovery indicator. As mentioned before, the decline in the US stock market is not a systemic collapse, but merely a technical squeeze of the bubble, preparing for Trump's ascension. When the time comes to rally, it will showcase his great talents and wisdom. This world is just a stage, and capitalists, for their vested interests, will definitely engage in actions to push things along. Who sings against the American king, isn't it just asking for trouble? Just look at today's Great Russia, East Country, and the Third Fat, which economy is doing well?
Tech stocks, Nvidia has already linked up with the magnificent seven, in artificial intelligence, it represents a new form of future society. There is no doubt that science and technology are productive forces, and with the economy improving, the stocks will continue to rise. In 2025, the bull market will still be there; if you don’t buy at the bottom during corrections, aren’t you just making things difficult for yourself?
Currently, from a daily chart perspective, there has been an effective breakthrough in life, with the MACD fast and slow lines above the 0 axis, and the 5-10 lines crossing above the 30-day life line. The downtrend has ended. Now you can only wait for a pin bar situation to enter the market. The support below is around 96200-94591. The resistance above is around 99500. For those who haven’t boarded the bandwagon, they can only wait for a pin bar. The trend has already begun to reverse.