Is the market about to peak? 112000-112500 is the lifeline!
The market is currently crazily testing the ceiling of 112000 to 112500, pressing down hard. It's normal to drop after touching this level, but I bet it won't collapse immediately; at most, it will just be a halftime break to catch its breath and adjust.
If it really breaks through this threshold and stabilizes, then the target will be heading towards 116900! As for whether there will be even higher levels after that? To be honest, who knows right now; we’ll take it step by step.
Conversely, if it starts to drop and adjust, I think the area around 109700 can pretty much stop the decline. When it gets close to that range, I think we can grab the opportunity to go long!
But remember, going long is not mindless charging! If it really falls below 108500, the situation might change, and the downtrend could genuinely set in. So 108500 is our last bottom line for the bulls; if it breaks, we have to run quickly.
Why the sudden surge? The main players are being crafty! Right now, they are pushing the price up hard to create space. When they eventually announce interest rate cuts, there will definitely be profit-taking in the market, and there will be space for it to adjust and wash out. After the wash, there might be an even bigger main upward wave!
For the next layout direction, I will lead everyone to aim for the highly profitable opportunities in the imitation sector, expecting a return space of over 10 times is not a problem. Like + comment, and I will take you to layout the entire bull market together!
