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I would like to call yesterday's market trend a day of witnessing miracles. Those who know Laoguan are aware that Laoguan's analysis of the market has a certain degree of continuity. For example, we do not easily change our judgment approach.
This is due to our objective understanding and rational analysis of the overall market situation, rather than participating in more personal emotions. The theme we talked about yesterday was bulls. Although the situation is difficult, there is still a chance to turn the tide. This opportunity lies in Wednesday's daily life insurance, and this opportunity lies in the establishment of the daily level.
Although we mentioned yesterday that this position is basically a lifeline for bulls, and it is indeed difficult to make a corresponding bottom shape, the fact is that no matter how difficult it is, he has appeared.
Returning to today's market situation, we believe that after reaching a bottom at the daily level, the overall trend tends to be higher than expected. However, in the short term, due to the formation of a bottom at the daily level, this line has experienced a significant increase, which means it has eaten up some of the rebound space expected in the future. Therefore, for the time being, we believe that there is still a possibility of a correction in the market. However, the current expectation of a pullback is only a small correction during the upward trend of the market.
Combining the 4-hour level bottom structure seems to be more certain of our expected upward trend in the future. So today we will conduct a comprehensive analysis of intraday trading around this unified approach.
Since we have no problem with the market situation, we will not provide in-depth teaching on the absolute top bottom structure today because we do not have time. Let's find another opportunity.
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Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.
