August 23 Evening Thought Analysis
The current market has entered a high-level sideways tug-of-war phase, and the pullback pressure after yesterday's irrational surge is gradually becoming apparent. Coupled with the cautious trading trend over the weekend, it is highly likely that the short-term will continue to exhibit a narrow oscillation pattern. In this market, as long as we grasp the range fluctuation rules and seize wave opportunities, gains can be relatively controlled.
Observing the big pie market from a four-hour level, the current price is oscillating and consolidating around the upper Bollinger Band, clearly indicating that it is in a high-level adjustment period in the short term. It should be noted that this oscillation is not a trend reversal signal, but rather a normal sedimentation and buildup of market momentum after the previous rise, accumulating breakthrough energy for future trends.
Operational Suggestions
