Thirty thousand has arrived as expected, can the bulls continue their efforts?
Last time we said that the price would definitely try to stabilize at 30,000, and that was indeed the case.
It reached a high of above 31,000. Although there has been a pullback at present, the pullback is not large. Repeated tests of the 30,000 support are necessary, because the price has reached a new level and the support point needs to be confirmed so that there is a chance to continue to reach new highs.
At present, the three daily KDJ values have entered the overbought zone, and the volume will gradually shrink, tending to fluctuate. Even if it goes up, there will not be a particularly large range. Be careful not to chase high in the near future. Some people say that it will reach 36,000 in the near future. I think it is unlikely. The top of this round is most likely to be around 31,900. There is a small probability that 35,700 will be reached in the near future if there is a stimulus of good news.
The operational suggestion is to go short near the second high point of 31000, or go short near the new high point of 31800. Only these two positions need to be tried, and other positions are not considered. Short-term long orders are made near 29900, and medium-term long orders of 1,000 points are made near 29000.
Overall, the operation is divided into ranges. Since the price has increased from 24,800 to 31,400, the span is extremely large. Once there is a covering correction, the space is also very large, so there is no need to pay attention to some small movements.
For real-time market analysis, please follow "Ceshen Jiang Trends" to get the latest information!