After yesterday's bulls hit the highest point of 70.3k, they began to retreat, and the long positions were reduced/exited. However, compared with this retracement of about 1,000 points, this week we should pay more attention to the vicinity of 68.2k. The result of the fourth wave is very consistent with expectations. It cannot directly constitute a breakthrough of the previous high. And there are still a few days of data. It is likely to continue to accumulate power, and after a few false breakthroughs, it will attract more chips to enter the market.
Except for the overall market, it is worth mentioning that ORDI reminded many friends yesterday that after entering the market at 45, the current price has been rising slowly until now, and has reached the 48 reduction position mentioned at the beginning of yesterday's live broadcast. Pay attention to short-term intraday trading, and remember not to be greedy
I will record a video update later to roughly share the important positions of the day. The broadcast will start at the old time in the evening. See you there.