Day 71 Market Analysis
The market has successfully regained the psychological barrier of 2000, and today is expected to undergo strong consolidation within the narrow range of 2034 ~ 2009.
As the price currently hovers closely around 2000, with very small fluctuations, it is recommended to be cautious with operations, patiently waiting for a directional breakout after the key range is breached.
🔴 Bullish Breakout Plan
If it can effectively break through the upper edge of the range at 2034, it indicates that the bulls have stabilized and continue their upward momentum,
with the rebound targets above being: 2051 / 2074 / 2097.
🟢 Bearish Breakdown Plan
If it breaks below the lower edge of the range at 2009, it means that the significant 2000 barrier might be lost again, facing another test,
with the pullback targets below being: 1993 / 1977 / 1969 / 1947.
(Note the substantial defensive strength around 1993 after breaking below 2009)
The market has successfully regained the psychological barrier of 2000, and today is expected to undergo strong consolidation within the narrow range of 2034 ~ 2009.
As the price currently hovers closely around 2000, with very small fluctuations, it is recommended to be cautious with operations, patiently waiting for a directional breakout after the key range is breached.
🔴 Bullish Breakout Plan
If it can effectively break through the upper edge of the range at 2034, it indicates that the bulls have stabilized and continue their upward momentum,
with the rebound targets above being: 2051 / 2074 / 2097.
🟢 Bearish Breakdown Plan
If it breaks below the lower edge of the range at 2009, it means that the significant 2000 barrier might be lost again, facing another test,
with the pullback targets below being: 1993 / 1977 / 1969 / 1947.
(Note the substantial defensive strength around 1993 after breaking below 2009)