Last night, influenced by short-term favorable fundamentals, the price ratio surged strongly, with the extent of the surge still within expectations. After the surge, there was a fluctuating correction in the early morning, and after retracing to around 96000, it quickly rose again, which aligns basically with our expectations. The price of 'Auntie' also closely followed the trend of 'Big Cake', but did not show any subsequent upward movement and has currently fallen back to around 1840 for fluctuating adjustments.
Overall, the structure indicates that the daytime will primarily focus on adjustment and repair, and within the day, key points will still be tested up and down.
The daily line once again closed positively, with a strong continuation of the trend, and with all three tracks rising, the space for a significant retracement in the larger trend is also limited. After a series of positive closes on the four-hour line, it then recorded two consecutive negative closes, with the price ratio operating around the upper track. After the previous double bottom probe, an effective bottom structure was built again, and key support has been raised to the 93000 level. The most recent candle closed as a cross negative K, and during the day, the daytime still shows an upward probing trend; however, the upward speed of technical indicators has slowed, and if it cannot break effectively, it will return to a short-term high-level fluctuating adjustment.
On the hourly line, after a reduction in the volume of the upward trend, the volume of the downward trend has slowly increased, but is constrained by the strong support level of 96000 below, making it difficult to maintain strong continuity. In the subsequent morning, it will still maintain the strategy of retracing for the upward trend, and during the retracement process, the profit-taking point for the downward trend should first be set above 96000.
In the future, for 'Big Cake', consider going long near 96000, looking at 98000; for 'Auntie', consider going long near 1830, looking at 1900.
