⚠️ Deadly Illusion! FOMO Peak? Beware of a Bloodbath Replay at 113K 📉
The current market is sprinting towards a dangerous zone: 113K–115K may be the "Bull Market Trap Zone"; multiple technical signals suggest a correction is imminent:
📍 Double Fibonacci Resistance Overlap
March High of 73K → August Low of 49K, 2.618 resistance at 113,600
February High of 99K → Low of 73K, 1.618 resistance appears at 115K
The previously broken bullish trendline may also form a rejection around this area
📉 Is the Rise Just a Structural Bounce?
This surge feels more like a "retest after a breakdown"; if it cannot touch the bearish trendline and break out, the market may struggle to start the "Shanzhai Season".
🎯 Key Support: 60K–65K
This area may be the reasonable target for a correction.
📢 Current Market Sentiment is Extremely Greedy
Rising for six weeks, FOMO is spreading, and almost no one believes it will drop again—this is precisely the precursor to a market reversal!
🧠 Advice: The market is not a one-way street. The greedy will ultimately become the victims during the rebound.
Stay calm and don’t let greed cloud your judgment. Patience is your key to victory.