Brothers, pay attention!
In the afternoon, the pancake surged to around 105800, directly crushing a wave of short positions, with the maximum liquidation reaching seventy million US dollars! Do you think this is a takeoff? Hold on, the main force's operation this time has a bit of a strong flavor!
After surging high, it immediately went sideways, with no volume support and a vacuum of chips above, this is not a rally, it's a probe, it's a trap!
You might think it's a breakout, but it could just be the main force putting on a show. If things go wrong, the next move could be — after a high-level sideways movement, suddenly dropping a needle to wipe out all the bulls that entered halfway up, and then really rallying!
The dense chip area is in the 102000-103000 range. If they really want to wash out, it needs to go down to this; if they really want to rally, they need to stabilize here!
At this position, it's not about panic, it's a window of observation!
Within two hours, if it can break through 106000 with volume, then it might really rally;
If it can't move upward while going sideways, then be wary of a sudden downward attack!
Don't rush blindly, and don't run early, just wait for the main force to reveal their cards!
