Monday, December 23
2024 is about to end and the New Year is approaching, which can be described as incredibly challenging. I have lost, I have gained, there has been praise, and there has been slander, but none of it matters. I fear nothing and adhere to my own path, moving forward hand in hand with like-minded individuals.
Recently, the community has opened up and has already released several rounds of singles for free, all of which have successfully exited the market. Currently, there are still 20 spots remaining. Without further ado, let’s briefly discuss the upcoming trends.
On the daily chart, after the price broke below the middle track, it directly fell. Although there was a long lower shadow, it did not rebound to break the upper pressure. The price continues to run below and has seen three consecutive small bearish candles retreating, cutting down to half of the lower shadow, showing a downward reversal signal. It can be seen that the bearish trend has continuity, so the strategy continues to be to rebound and short.
The reference strategy is to short in batches around the 95000-95500 area, targeting the 92600 level, and if broken, looking towards below 90000.