Based on the current market structure, the daily chart trend has clearly signaled a stabilization and shift to strength. After experiencing a brief correction, the price not only quickly recovers lost ground but also firmly stays above the key psychological level. The previous slight volume-driven rally effectively curbed the phase of correction, and the recent pullback and consolidation are more of a technical adjustment and digestion, which do not change the medium-term upward foundation of the market.



As the price repeatedly tests upward, it is now gradually approaching the previous decline starting zone, facing a critical technical resistance test. We can regard the middle band of the Bollinger Bands as an important dividing line to measure the strength of the bulls. As long as the price does not break below this level with a real bearish candle, the bullish momentum will be maintained and accumulated, potentially driving a new wave of upward attack.

From a more detailed four-hour perspective, multiple downward tests during trading ended with "false breaks," and no genuine breakdown occurred. Especially in the late trading session, the bottoming and rebound candlestick pattern further highlights the solid support below, with bulls in a key stage of energy accumulation. Combined with the structure of gradually rising lows and continuously higher highs, the market has formed a short-term oscillating upward channel, maintaining a steady and slightly bullish overall rhythm.

In summary, the short-term correction is nearing its end, and after accumulating strength, the bulls are expected to launch another attack. Trading strategies can continue to focus on buying on dips, paying close attention to stabilization signals at support levels, while setting reasonable stops and seizing the upward trend.
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TheCurrencyNeedsToMoveForward.vip
· 22h ago
New Year Wealth Explosion 🤑
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