Wednesday, Midnight Thoughts

The direction is wrong, efforts are in vain, analysis has no win or lose, because there is only one truth! We have just comprehensively analyzed the entire market and the psychology of all parties involved in the game.

From the 4-hour chart, we are still strong. A large bullish candle rises directly, and the market closes with a long lower shadow, which is a nightmare for bears. The large bullish candle lifts prices, and the market stabilizes above the moving average. Even if it retraces, it is still above the moving average, which acts as a solid protective barrier. The bottom is obviously a morning star, which is a signal of a bottom. If it retraces, we can continue to go long!

From the 1-hour chart, the market rises directly without any retracement strength, just a bit slow in the movement. Therefore, the bulls will continue to exert force, and the 1-hour moving average continues to cross upwards forming a golden cross pattern. Any retracement provides an opportunity to go long. Today's lowest point is around 95000, so for future operations, we will continue to buy on dips. The bulls are strong, and in the face of the trend, there is no highest point, only higher points. The bulls will continue to rise!

Midnight personal suggestion: Buy on retracement at 95700-95200, target at 97000-97500