At three o'clock in the morning, Big Pancake suddenly hit an eye-catching new high in the trading market. This trend pattern seems to be completely broken at this moment, and it seems that it can no longer be viewed with conventional eyes.
Immediately afterwards, Dabingzi achieved a breakthrough in the smaller market, breaking through the upper line in one go, and once again created a new all-time high of 93978. This number is like a bright pearl on the trading screen, attracting attention. However, the market did not stop its pace because of this, but quickly carried out a step back. This kind of move is most likely moving towards a higher goal - harmony.
We noticed that above 93,000, a large number of chips were liquidated. This shows that at this price point, there are a large number of traders choosing to leave the market, which undoubtedly provides room for the market to rise further. Below, we need to focus on the range from 90500 to 89500, which is the market’s support level and a potential buying opportunity. At the top, the 94,000 area is a pressure level in the market and a good time to potentially sell.
In band operations, we often encounter such interval games. When the band moves near this position, buyers and sellers in the market will have fierce confrontations, thus providing room for gaming. At this time, what we need to do is to stay calm and choose appropriate entry and exit points based on market trends and our own judgment. Remember, don’t place orders easily, but be ready to adjust according to market changes at any time.
