$CHIP This surge is really intense, it directly pulled up 17 points—just looking at it makes you jealous. From a technical perspective, the moving average system is neatly aligned in a bullish order, the MACD bullish momentum is also steadily expanding, and OBV shows that capital has been flowing in all along. All of this points to one word: strength. From a long-term view, the current structure really is biased to the upside.
But then again, on the short term it’s starting to feel a bit hard to hold. The 1-hour and 4-hour RSI have both skyrocketed to above 74, and Stoch RSI is tightly stuck in the overbought zone. Even the Bollinger Bands have directly broken above the upper band. This means there’s a considerable amount of pullback pressure in the near term. If you chase in now, you really will suffer—it’s very easy to become the bag holder.
So the contradiction is very clear: the trend is fine, but the short-term is already overheated. In my own observation, if it can pull back to around the 0.046680 to 0.048190 range, and if it can hold there, then the bullish structure may continue. But if the main force (those bastards) just dumps it and breaks the logic invalidation level at 0.043466, then the current bullish thesis would need to be completely adjusted. In situations like this, observation matters more than impulse.
Only for market-screening observation and scenario reasoning, not a record of trading actions.
$CHIP #现货 #交易 #行情分析
But then again, on the short term it’s starting to feel a bit hard to hold. The 1-hour and 4-hour RSI have both skyrocketed to above 74, and Stoch RSI is tightly stuck in the overbought zone. Even the Bollinger Bands have directly broken above the upper band. This means there’s a considerable amount of pullback pressure in the near term. If you chase in now, you really will suffer—it’s very easy to become the bag holder.
So the contradiction is very clear: the trend is fine, but the short-term is already overheated. In my own observation, if it can pull back to around the 0.046680 to 0.048190 range, and if it can hold there, then the bullish structure may continue. But if the main force (those bastards) just dumps it and breaks the logic invalidation level at 0.043466, then the current bullish thesis would need to be completely adjusted. In situations like this, observation matters more than impulse.
Only for market-screening observation and scenario reasoning, not a record of trading actions.
$CHIP #现货 #交易 #行情分析
