Hello everyone, I am a rookie in the market. Let’s analyze the market together. When everyone adds fuel, the flames rise high.
Directly on the picture
Daily level:
Yesterday, the K-line closed down again. It can be observed that it is still a strong performance of the short side. Yesterday, we also said that we should pay attention to whether there will be a false breakthrough at the 66,000 position in the rebound. It did come. Then it fell all the way in the late trading. This line is indeed not very optimistic, but it is a bit premature to say that the short side dominates the market. In recent days, we need to observe the strong support at the bottom of 60,640. Since the support at this level is very strong, if it falls below, it can almost be judged that it is a downturn, and the price will most likely continue to fall. On the other hand, the position of 59,000 is a position that is very likely to be tested. At the daily level, we pay attention to these two price ranges. Is it a strong break or a test recovery.
Let’s look at the 4-hour level
This level is very clear. The bottom price is about to be tested. Don't chase the decline at this time. The cost performance is too low. If you buy up, pay attention to a K-line with a large volume decline. I personally think that if the price has not reached the bottom of 60660, its buying time is not so clear.
In summary, pay attention to the bottom of 60660. It is not recommended to chase the short position, and do not go long with a full position. Try with a small position. After all, I think this market is likely to test 60660. Next, let's take a look at the performance at the end of the trading day.
