EGL1 Storm Eye: Life and Death Game in the Battle Between Bulls and Bears
Today's EGL1 market is like a deep sea undercurrent; it appears calm on the surface, but in reality, there are hidden dangers everywhere.
The bulls are trying to break through with a technical rebound, but they encounter precise strikes from the bears at key resistance levels. Both sides engage in a tug-of-war within a narrow range, with each candlestick resembling a life-and-death struggle.
Market sentiment is like a taut piano string, filled with a desire for the return of a bull market, yet mixed with fears of a bubble burst. This contradictory psychology weaves into a fog on the chart, making short-term players tread carefully.
It is worth noting that the continued shrinkage in trading volume suggests that both bulls and bears are waiting for a trigger—whether it be the landing of a negative policy or unusual movements from whale wallets; any slight change could trigger a chain reaction.
Currently, EGL1 stands at a crossroads: will it break free from its shackles and embark on a new journey, or will it plunge into the abyss and repeat historical cycles? The answer may lie in the next decisive candlestick.