Concubine Market Analysis: High Pressure, Focus on Pullback Opportunities
After following the market to a high, Concubine is also facing the issue of insufficient pullbacks, with short-term trends constrained by capital games. The 3000-3020 area forms a key resistance, and if it cannot be effectively broken, a technical correction may be on the horizon.
Currently, the market's short leverage has been significantly liquidated, and weekend liquidity accumulation may intensify fluctuations. Even if a short-term rebound continues, the upper space is limited, and caution is needed for reverse fluctuations after false breakdowns.
Operation Suggestions:
• Try short positions in the 3000-3020 range
• Target towards the vicinity of 2950-2900, remember to have a stop loss
• Caution with long positions, as the risk of chasing highs increases; wait for clearer pullback signals before positioning.
