Currently, the market has continued its upward trend after the major player Tianlong, with yesterday's peak reaching around 105800. However, the volatility has been consistently narrowing. In such a situation, many investors have a question in mind: Will the market fall again?
By analyzing the hourly chart, we can see that the market has repeatedly touched the area around 105800 before retreating under pressure. However, in terms of the strength of the decline, it remains relatively insufficient, showing a trend of waiting for a drop in a sideways manner. Nevertheless, market changes are always complex and multifaceted. Currently, the MACD indicator has been slowly recovering, which is often a signal that the market trend may change. At the same time, a golden cross signal has appeared on the moving averages, which is usually seen as a sign of short-term improvement in the market. Moreover, as long as the market can stabilize at the key level of 103000, from a technical perspective, there is a short-term head and shoulders bottom pattern trend. Additionally, the four-hour bottom divergence is still expanding upwards, indicating that the bullish strength is relatively strong, and there are currently no sufficient bearish reasons.
Based on the above analysis of the market, it is suggested to primarily focus on buying on dips. Specifically, one can gradually buy when the price pulls back to the two positions of 104700 and 104100. This operational strategy is based on a comprehensive judgment of the current market trend and technical indicators. When the price pulls back, it is often a good entry point, with the expectation that the price will continue to rise thereafter, bringing profits to investors. Of course, the market is ever-changing, and during actual operations, investors should closely monitor the changes in the market, flexibly adjust their investment strategies based on various factors, and manage risks effectively, such as setting reasonable stop-loss points to ensure their investment safety.