Friday: The pullback continues, bulls you need to see clearly
Grasping the market means it's a good market, not grasping it means it's a difficult market. But no matter the type of market, there will always be someone standing strong. It's not that others are better than you, but that you are not putting in enough effort.
Overnight market once again dipped, continuing the weak downward trend. Although it hasn't plummeted, it has provided some upward correction space, yet it remains in a weak continuation, failing to reverse the situation, and bears show signs of seeking solitude in defeat.
From a technical structure perspective, in the four-hour timeframe, the price repair has no continuation and has again plummeted. Recovering upward is hindered, gradually dipping lower. The weak rhythm cannot be repaired, showing a continuation of bearishness. After a short-term dip, there is a weak rebound, and the upward demand is weak. The trend turning bearish is so strong, and there is still space for decline; do not underestimate the bullish outlook.
In terms of daily strategy, we maintain a focus on high shorts:
In terms of operations, I personally suggest shorting in the 98000-98500 range, looking at 96500-95500.