$BTC Staying up late to watch the market but failing to grasp the core fluctuations—that's a feeling only those who have experienced it know. Yesterday at midnight, the CNY market remained within its broad range. The price dipped slightly before rapidly rising to 117,000, encountering resistance. It then retreated under pressure, hitting a low near 116,350 near the morning low before entering a period of volatile consolidation. Yitai Midnight continued its strong upward momentum, rising from the low of 4152 yesterday evening to 4325 this morning before halting its correction. Tonight, Jin Lin led students in a Yitai Duo trade, entering at 3201 and exiting at 4284, successfully capturing 83 points of market opportunity. Ultimately, the market is never short of opportunities; what's lacking is the patience to enter and hold onto them. Isn't this Lirun miss more frustrating than a trapped position?
From a four-hour perspective, the market has shown a three-day correction, reaching the middle Bollinger Band. All moving averages maintain a downward trend, but the support provided by the middle Bollinger Bands has prevented the downward momentum of the consecutive declines in the guqin from effectively breaking through. This, in turn, has accumulated potential momentum for a subsequent rebound in the guqin. Looking at the hourly chart, the market exhibits a step-by-step downward trend, though there are clear signs of a halt in the decline. The Bollinger Bands are extending in parallel, and the three KDJ indicators have turned upward after entering the oversold zone. They are gradually converging, with clear signs of a golden cross forming, indicating that the guqin's momentum is gradually waning. Therefore, the morning session is likely to favor a pullback.
Sunday morning strategy: Cake near 116200-116500, with a target of 117600.
Sunday morning strategy: Yitai near 4240-4270, with a target of 4380.