Last week's trend was extremely strong, with an overall increase of about 10,000 points. Currently, the weekly K line has formed a large bullish candle, and there was basically no pullback space during last week's rise. It was mostly a situation where after a rise, there was high-level consolidation for a while before continuing to rise. A one-sided trend is emerging, and there are significant signals indicating a potential peak. This week, we expect a pullback.
In a one-sided trend, small-scale technical analysis references don't hold much value. On the weekly level, there has been a breakout of the moving averages, forming a double bottom pattern below. The daily line has already broken out, and the Bollinger Bands are opening upwards. The trend has changed. On the small scale, we are still in a high-level consolidation zone. However, we are optimistic about a pullback in the near term.
Big coin operation suggestion: Look to sell around 93,500
Target: 91,000 #特朗普暂停新关税