Today afternoon, I took a look at the market data, and the previous wave of correction bottomed out around 98,888.8 before starting to stabilize.
There are a few technical signals worth noting: the 7-day moving average has already begun to turn upward, and the MACD has just formed a golden cross, indicating that short-term buying momentum is gathering. Although the price is still hovering below the 30-day moving average, volume has clearly increased during the rebound, and funds are quietly entering the market.
The key is whether it can break through the 30-day moving average; once it stabilizes above that level, the upside potential will open up.
Personal trading strategy: Consider gradually building long positions in the range of 101,500 to 102,000 Take half profits if it reaches 103,500, and consider closing all positions around 105,000
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token_therapist
· 11-07 23:57
Is the bull coming?
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ZkProofPudding
· 11-05 04:59
This level doesn't mean much; wait until I jump in, and it'll take off.
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FloorSweeper
· 11-05 04:59
ngmi with those weak hands... real alpha is stacking at 95k
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LazyDevMiner
· 11-05 04:35
Position is set, just waiting for the market open.
Today afternoon, I took a look at the market data, and the previous wave of correction bottomed out around 98,888.8 before starting to stabilize.
There are a few technical signals worth noting: the 7-day moving average has already begun to turn upward, and the MACD has just formed a golden cross, indicating that short-term buying momentum is gathering. Although the price is still hovering below the 30-day moving average, volume has clearly increased during the rebound, and funds are quietly entering the market.
The key is whether it can break through the 30-day moving average; once it stabilizes above that level, the upside potential will open up.
Personal trading strategy:
Consider gradually building long positions in the range of 101,500 to 102,000
Take half profits if it reaches 103,500, and consider closing all positions around 105,000