💹Market analysis
In terms of technical structure, at the four-hour level, the K-line broke through the Bollinger Band upper limit in early trading, and the bulls' strong volume hit 28,300. After that, the currency price made a slight correction and maintained at 27,900 for consolidation and repair.
The daily line closes a big positive bar and once again tests the 28,000 mark without continuation. In fact, the overall trend is very clear and is still volatile. For operations during the holiday period, I personally recommend that you do not chase the rise or fall too much, but stick to the idea of shock. To deal with it, compared to the early Mid-Autumn Festival, institutions and bookmakers seem to prefer to lure more.
Therefore, try not to chase the rise at high positions, and go short in the white market.
In terms of technical structure, at the four-hour level, the K-line broke through the Bollinger Band upper limit in early trading, and the bulls' strong volume hit 28,300. After that, the currency price made a slight correction and maintained at 27,900 for consolidation and repair.
The daily line closes a big positive bar and once again tests the 28,000 mark without continuation. In fact, the overall trend is very clear and is still volatile. For operations during the holiday period, I personally recommend that you do not chase the rise or fall too much, but stick to the idea of shock. To deal with it, compared to the early Mid-Autumn Festival, institutions and bookmakers seem to prefer to lure more.
Therefore, try not to chase the rise at high positions, and go short in the white market.