Zhongling's chart repeatedly confirmed support near the 94,000 level before rebounding again. Currently, it is teetering around 95,000, still testing the validity of this area. The weekend market was quiet, so we'll skip it. Personally, I think on Monday, the market will focus on whether it can hold above 95,800!
Current reasons for Zhongling's bullish outlook: the overall structure remains intact. As long as the price stays above 95,800 on Monday, the upward trend remains unbroken!
Zhongling's approach is to follow the current oscillation pattern. If it can hold above 95,800 on Monday, it indicates that the bulls are still in control, with the next target in the 97,000-98,000 resistance zone. If this area is broken effectively, market sentiment will heat up further, and challenging the 100,000 level will become a natural progression!
In terms of specific operations, look for opportunities near the support area of 94,000, with strict stop-loss settings. If the price effectively breaks below this support, a reassessment of the direction is needed. After holding the position, focus first on the 97,000 level as the initial target. For the long term, we still see 100,000!
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Zhongling's chart repeatedly confirmed support near the 94,000 level before rebounding again. Currently, it is teetering around 95,000, still testing the validity of this area. The weekend market was quiet, so we'll skip it. Personally, I think on Monday, the market will focus on whether it can hold above 95,800!
Current reasons for Zhongling's bullish outlook: the overall structure remains intact. As long as the price stays above 95,800 on Monday, the upward trend remains unbroken!
Zhongling's approach is to follow the current oscillation pattern. If it can hold above 95,800 on Monday, it indicates that the bulls are still in control, with the next target in the 97,000-98,000 resistance zone. If this area is broken effectively, market sentiment will heat up further, and challenging the 100,000 level will become a natural progression!
In terms of specific operations, look for opportunities near the support area of 94,000, with strict stop-loss settings. If the price effectively breaks below this support, a reassessment of the direction is needed. After holding the position, focus first on the 97,000 level as the initial target. For the long term, we still see 100,000!