The Significance of Washing Plates and Today's Big Cake Market Strategy!

I believe everyone knows about washing plates, which we commonly refer to as oscillating markets. So why do we have washing plate oscillations, and what is their significance? Here are my personal understandings!

Generally speaking, the main force or the dealer roughly divides the washing plate into:

1. Clearing floating chips to reduce selling pressure after a rise.

2. Lowering costs to expand profit margins.

3. Concentrating chips to enhance control over prices.

4. Confusing the market to conceal true intentions.

Now let's talk about the basic techniques:

1. Sudden drops to suppress prices.

2. Sideways oscillation.

3. Creating false negative news.

4. Technical false breakdowns or false breakouts.

5. Shrinking volume with a downward trend.

What I've mentioned above is just a rough outline; I won't go into detail. Let's take a look at the current big cake market. From the recent market behavior of the big cake, we can see that the technique used initially was a shrinking volume downward trend, leading to the current sideways oscillation. Personally, I believe the purpose is still to raise prices for selling off. For the current market of the big cake, my trading strategy is to take a short position around previous highs during pullbacks, meaning a short position. If it breaks through the previous high with strong volume, then go long. Currently, I believe there needs to be a wash; a short position is a relatively safe strategy since the high point of the oscillating market is very clear, while we do not know the depth of the pullback. It could be around 93,000 or around 90,000, so the most decisive action would be to short around 95,400 and take a profit at around 93,000 for a 2,000-point gain! The above views are personal opinions; don't be greedy when taking pullbacks! If you have different opinions, feel free to leave comments!