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#创作者冲榜 During last week's market movement, the price continued to oscillate near the lower edge of the wedge formation, but also saw several small rebounds to around 71,000 before breaking down with yin candles. It's noteworthy that today's opening did not accelerate the breakdown, indicating the market remains in oscillation mode.
Currently, viewing from the daily level, after yesterday's breakdown of the wedge, there was no accelerated breakdown of 66,500 as a watershed level. Instead, the price oscillated around 68,000, suggesting the market won't move that quickly. Additionally, today's CME gap is near 70,100. It's expected that the market will continue oscillating around the 70,000 level as center, with fluctuations of 2,000-3,000 points on both sides. In the short term, this morning's low tested around 67,300 nearby, forming a W-bottom rhythm. If it breaks above 68,400, this pattern will be confirmed. MACD is also beginning to turn upward. Therefore, it's believed that if the market fails to break lower in the short term, there will likely be another rebound. Intraday pullbacks can be used for scalping.
Batch long positions in the 67,800-68,200 range and 66,600 level.
Upside targets: 69,500-70,100 and 71,000.