Last night, it was mentioned that long positions would attack the route within 2 weeks. The first key point: breaking through 104600-105000 will directly surge to 106600. Why is this step so precise? Last night, the 4-hour chart has already shown signs of building up momentum, and the daily candlestick is about to form a golden cross above zero. There is also a resonance forming on the medium and small charts, indicating significant upward momentum. When it dropped to 102900, I clearly mentioned in the post that the current market data is bullish for long positions. Last night, it has dropped to 103300-103500, which is a stone's throw away from the previous high of 104600. The pumping momentum is continuously increasing, and after breaking through 104600, it will definitely directly break through the next resistance level of 105500. As 104600 is too close to 105000-105500, when long positions are strong, it will also directly break through here. And 106600-107700 is the strong oscillation zone below 11w. It is very suitable for long positions to reach the starting point of this oscillation zone at 106600. This is the analysis of this key point.

Why did the market rally? It's simple, because there will be an interest rate cut this week, which is good news. Don't be misled by the fact that the market fell on Monday and Tuesday in the first three weeks. It will go up this week. I also mentioned last night that this week will break the spell.
When it reaches 106600, no matter how it moves, it will definitely need to retest 105300, 104600. If 104600 cannot hold, it will retest 103800, which are all lower support points. Keep an eye on the market data.
Let's briefly review the short-term trading strategy of the past couple of days: Do not enter long positions above 100,000 points before it stabilizes at 102,000. This point has been emphasized repeatedly. Once it stabilizes, you can chase the price because the foundation will be further solidified after the second breakthrough. It is relatively safe to enter on a pullback. Do not fear or hesitate because the price is high above 100,000. 100,000 is just a new starting point for this round. It is impossible for the market to fluctuate for half a year like the 73,000 in the first half of the year, as some bloggers have claimed. The market logic of a bull market is different from that of a bear market. This round of halving cycle will end in 11 months, and if it can still fluctuate for half a year, what is the point of calling it a bull market? Not many people have the patience to enjoy being shaken, it's not like car shaking. Also, do not blindly choose to go short just because the price has risen a lot or because you missed the opportunity. That is not a reason for you to go short.