4/29 43125367729 Market Analysis

Recently, the market has been fluctuating up and down, primarily characterized by high-level oscillations without a clear trend. If one chases prices up and down, it is easy to incur frequent stop losses.

Yesterday morning, the price broke below 93,000, and then rebounded continuously, creating a false breakdown, rising above 95,000. Many people chased the price and entered the market, only to be played again by the main force, as it dropped back down to the 93 range, with both longs and shorts being caught by the main force.

The current major trend is still upward, with the structure primarily characterized by high-level oscillations. Overall, the rise is without volume, while the decline has volume. In terms of momentum, there is a continuous divergence, making it unwise to chase prices upward.

In terms of operational thinking, short-term focus should be on high levels, entering shorts near 95, with a target set around 93. If the 4-hour level can close around 95,300, then exit. The overall risk-reward ratio and safety are relatively good.