From the weekly level, BGB shows a double bottom probing trend, with two consecutive bullish candles indicating a potential bottoming formation. As its MA30 continues to rise, the space for subsequent pullbacks will become smaller. The previous low around 3.7 is likely the bottom of this round of correction. Therefore, if BGB can retrace to below 4, it would be advisable to accumulate spot positions in batches and cherish the opportunity for low buying.
