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Yesterday, Dotou surged strongly, first crossing 118400 in one go, and Dotan directly hit 7100 points. Then it entered a correction phase. Although it broke the high again, it was just a brief spike; it's common to see spikes during correction phases, as mentioned in the morning. After the spike, it began a chronic oscillating downward trend, reaching near the target 🎯 at night, and Kongdan has already taken a position, hitting 1800 points. It was clearly stated in the morning that the day would see corrections, and after higher trade volumes, both the large-scale and small-scale Bollinger Bands became decoupled. Decoupling will first touch the bands, and then the upper band of the Bollinger Bands will turn from support to resistance. As long as the upper band support is broken, further pullbacks will occur. Looking back at the trend, it was spot on. Do not underestimate the Bollinger Bands; as I always say, very few can truly understand them. Even though they are discussed daily, ask yourself how many remember them...
In the correction phase, the weekly chart is not something to be taken lightly. Firstly, the higher trade volumes are too strong, making the possibility of further higher trade volumes low, while the likelihood of a correction is quite high. Even if it breaks the high during the correction, it would just be a slight peak. The turning point is already on the weekend, and corrections usually occur during weekends. A weekend after higher trade volumes is even more likely to lead to a correction, as it is a matter of exchanging time for space, waiting for the breakout to catch up with the trend structure. Therefore, we shouldn't focus too much on the pullback; the main thing is to look at the range.
Early in the morning, it can be around the low of 116600 to 116200, and around 118300 to 118800. #区块链# #BTC再创新高# #ETH突破3000#