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After a good sleep, the golden pancake both surged higher! Yesterday's early rest was a pity for missing this bullish wave! No hindsight bias! Seize the current market trend! Regarding the rhythm of the future market, personally I avoid chasing highs! Slowly observing bullish signals after a sharp decline!
From the 4-hour chart, the market shows a slow oscillating upward trend, but the volume and rebound space have not reached the critical threshold for trend reversal. The short-term upward movement is only a phase adjustment during the decline. Today, the overall strategy remains to sell high on rebounds and short on dips. Note: During rebounds, you can also enter positions, just grasp the right timing.
For the pancake, it is recommended to consider short positions around 93,800-93,500, with targets near 89,000-88,000!
For the姨太, it is recommended to consider short positions around 3,250-3,220, with targets near 3,100-3,000!