From the perspective of daily trends, BGB has experienced a process of rising to a historical high and then a pullback in the short term. However, its overall upward trend has not been damaged.
During the pullback phase, it is worth noting that the trading volume has not increased, and there is short-term moving average support below. Based on these factors, the pullback space is relatively limited, and it is expected to stabilize around 2.4 at most.
After completing this adjustment and consolidation phase, BGB is expected to continue to launch an attack towards the resistance level of the previous high at 3, and from the current situation, it is very likely to successfully break through 3, thus setting a new historical high.
