As expected, 69200 has rebounded, with 73-74 as the next target
On the evening of the 23rd, I pointed out that after the rebound, if it doesn't break below 69200 on the pullback, I expect continued upward movement
Last night the market dropped to 68900 but closed above 69200, subsequently rebounding to the 71000 range
Currently, the minor resistance level above is at 71800. If this level is broken, I believe it will touch the resistance zone at 73-74
1H breaking through 71800 = 73-74
I believe this target will very likely be achieved
At 73-74, we need to observe whether it will actually face resistance and decline. If it does face resistance and decline, it may form a larger bearish structure, which would be unfavorable for our plan to push toward 78-81
If 73-74 is broken through, it may achieve the target price around 78-81 in one push
On the news front, there has been no further deterioration, with no additional bearish signals for the market. It's important to note the five-day deadline given by Trump, so we need to be cautious in the latter half of this week (if there is no clear ceasefire announcement)
This article is sponsored by #BCGAME | @bcgame @bcgamecoin
Market Analysis
As expected, 69200 has rebounded, with 73-74 as the next target
On the evening of the 23rd, I pointed out that after the rebound, if it doesn't break below 69200 on the pullback, I expect continued upward movement
Last night the market dropped to 68900 but closed above 69200, subsequently rebounding to the 71000 range
Currently, the minor resistance level above is at 71800. If this level is broken, I believe it will touch the resistance zone at 73-74
1H breaking through 71800 = 73-74
I believe this target will very likely be achieved
At 73-74, we need to observe whether it will actually face resistance and decline. If it does face resistance and decline, it may form a larger bearish structure, which would be unfavorable for our plan to push toward 78-81
If 73-74 is broken through, it may achieve the target price around 78-81 in one push
On the news front, there has been no further deterioration, with no additional bearish signals for the market. It's important to note the five-day deadline given by Trump, so we need to be cautious in the latter half of this week (if there is no clear ceasefire announcement)
This article is sponsored by #BCGAME | @bcgame @bcgamecoin