[What will the market do next? 】
The current quotation of the pie is more than 34,800. Today on Monday, we see that the weekly line in Figure 1 has closed a small inverted hammer. Generally, a cross star and an inverted hammer are closed at a high level, which are relatively weak forms. They are reversal signals and we can also see relative strength. The indicator has a downward cross trend in the overbought zone. Looking at Figure 2 again, we can see that the pie has risen from more than 15,000 to the present. Each wave of rising stages will return to the previous high line. This is also a relatively healthy but normal trend. So will this wave of rise from 25,000 to around 36,000 also pull back to the previous high of around 32,000? Looking at the daily line today, MADC closed the first red column, forming a dead cross. At the same time, the price fluctuated upward, and its capacity shrank. Figure 3 shows that there is still a top divergence at the four-hour level, and the market is still oscillating in the blue range. It fell to around 34,400 this morning, and the bottom of the blue range quickly rebounded to the middle track of the range.
To sum up, it is expected that after the market fluctuates in the range, it will return to the position near the previous high, 32000-32500.
Operational suggestions: Spot stocks can wait for the pullback, and conservatively build positions at 33000-32000. Futures are mainly high-altitude. If there is a rebound to the middle rail line and the upper rail within the shock range, there will be high-altitude opportunities, or if it falls below the shock range, which is 34000 You can go short later.
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