Friday: Trendy Madness Competition, A Paradise for Short-Term Trading, The First Appetizer
With the sky high for birds to fly and the sea wide for fish to leap, not every big rise or fall indicates a good market. Only in a stable state, where there are enough opportunities for you to perform, can such a market be considered truly good.
The early session dipped into the 90,000 area and recovered upwards. Although the subsequent phase did not show strong performance, the need for correction is evident. The low position buy signal publicly indicated across the network allowed us to capture 1,700 points as expected. Maintaining a good pace without being greedy, we move forward step by step.
From the current technical structure, the hourly level shows three consecutive bullish candles turning bearish. While there is a demand for correction from the bulls, there is no strong recovery force. Accompanied by the pin bar from yesterday to today, further adjustments are needed upwards. We still do not favor a one-sided market today, nor do we see weak corrections or strong recoveries; it is still primarily about adjusting with narrowing fluctuations.
In the upcoming strategy, we will maintain a low position, and it's good to buy moderately:
In terms of operations, I personally suggest buying in the 97,200-97,600 area, looking at 98,800-99,500.


