On July 10, all short positions were completely wiped out, and bulls made a strong comeback.

CN
2 hours ago

Bragging may avoid taxes, shouting is also not a crime, but bragging does not bring great profits, and shouting does not have effects! No matter how theoretical analysis stands out or how the wordplay shines, if there are no actual profits, what is the meaning of all this?

Yesterday I firmly believed in a bullish outlook, overnight the early market rose, and the price directly approached the 64000 mark. In the face of absolute strength, what remains is the appreciation of digital accounts. We are just a little bit away from our short and medium-term target of 65500, and I firmly believe we can reach it within the day.

The daily level channel is opening parallel, the candlestick pattern shows a double bearish trend reaching the middle track support, turning into a double bullish engulfing pattern. The bullish trend is obvious, and the current key resistance above is around the upper track at 657. If this level is broken, it will open up without pressure above, realizing any bullish pattern.

Now it is recommended to look bullish in batches around the pullback area of 63400-63000, targeting the 65700 position. If there is short-term space in between, one can reasonably exit based on their own situation.

Follow the public account, how to relieve worries? Only through Jiang Wei, a treasure analysis blogger filled with emotional value, sharing trading teaching for free, bringing stability and clear guidance in the restless trading market, traversing three rounds of bulls and bears and years of practical trading experience, specializing in naked K, trend, Dow theory, Gann, harmonics, Chan theory, wave theory, and other technical analysis, gathering into unique personal insights.

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