Many friends ask me: "Can we still get on the LA train?"

The current price is fluctuating around 1.468, seemingly calm, but in reality, there are undercurrents.

Short-term view:

The overall trend is weak; although the bears have somewhat receded, there are still no strong rebound signals.

The current area is a critical watershed; it is not advisable to chase the highs and lows easily; patience is needed to wait for a clearer direction.

Technical signal interpretation:

The K-line has formed a "doji star"; the struggle between bulls and bears is intense, and the trend may be on the verge of a reversal.

The MACD red bar is shortening, and the DIF and DEA are converging, indicating weakened momentum and bears lurking.

The KDJ three lines are converging, showing clear characteristics of a volatile market; impatience can easily lead to traps.

Operational suggestions (for reference only):

Light position buying: around 1.42 (close to the previous low, or there may be support)

Defense: 1.398 (breaking below indicates the continuation of weakness; exit decisively)

Selling: 1.55 (there is significant resistance above; can take profits on the swing)

Defense: 1.58 (breaking through key resistance; be careful of missing out)

If it falls below 1.42 without showing a rebound structure, look for support in the 0.988 area, at which point there may be a good opportunity for speculation. Conversely, if it breaks strongly above 1.794, it can be seen as the start of a new rising cycle.

There are no gods in the market, only strategy + execution + risk management.

Continue to follow me to understand the emotional changes behind the K-line

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