The daily chart has broken the 8-day consecutive bullish pattern. First, it failed to break the record, and second, it's a consequence of the rise-then-fall movement!
In yesterday's technical analysis, I emphasized that the 4-hour chart was most important, especially during the afternoon phase. If it couldn't form a pattern of yin-to-yang reversal, even if there was a bullish K candlestick rebound in the evening, the momentum wouldn't be too strong. The upper limit would be suppressed by the opening price of 74800, and sure enough, this level formed multiple pressure points in the evening. It can be said that yesterday's technical analysis was extremely accurate!!!
The daily chart has broken the 8-day consecutive bullish pattern. First, it failed to break the record, and second, it's a consequence of the rise-then-fall movement!
In yesterday's technical analysis, I emphasized that the 4-hour chart was most important, especially during the afternoon phase. If it couldn't form a pattern of yin-to-yang reversal, even if there was a bullish K candlestick rebound in the evening, the momentum wouldn't be too strong. The upper limit would be suppressed by the opening price of 74800, and sure enough, this level formed multiple pressure points in the evening. It can be said that yesterday's technical analysis was extremely accurate!!!