Some people like one-sided trends, some prefer volatility, some excel at rising markets, and others are obsessed with falling markets. No one is absolutely right, and no one is necessarily wrong. What you don't like may not meet your standards, and what you can't do may be someone else's strength.
Evening market share, the overall market is still in a range-bound consolidation. The bears were released yesterday but did not break below the pivotal point of 100450. The bullish trend remains unchanged. Last night's market saw a rebound, peaking around 103900. As a previous top, the market experienced a slight decline. Meanwhile, as shown in the chart, the current market is in the middle of a large range-bound consolidation. Furthermore, after today's news release, the volatility remains low. The fluctuating market still needs to choose a direction.
In the larger trend where the bullish outlook remains unchanged, the main strategy is still to buy on dips. If it can hold above 103000 tonight, there is potential for movement upward tomorrow. If it can't hold, don't act rashly.
Current price around 103000 can be a good entry point for buying.
Targets are 104000 and 104800-105000.
