Don't be fooled by the rapid surge now; it will still pull back when hitting key resistance levels. Currently, there are no major macro positive factors in the market, and the performance is weak. Key resistance levels include the previous high around 1930 on the hourly chart and the strong resistance at the previous high of 2100 on the daily chart.
My target is still 2400, but I think that's too idealistic because there are no positive signals; instead, negative factors are concentrated and erupting. The 2400 target isn't set in stone—it's just that I believe there's still a chance to reach it macroeconomically, so I won't give up. This time, the double bottom rebound support is also a critical point. I won't expect a third bottom; once the third attempt to break below 1800 occurs, and if it reaches 1700, then 2400 will be basically out of reach.
Therefore, the double bottom rebound is a key indicator. If the performance of the double bottom rebound doesn't meet expectations, I will naturally give up on the 2400 level. Also, I remind fans who entered below 1900 to protect their capital by taking profits or cutting losses.
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20250818FinancialLuck
· 6h ago
I'm so depressed.
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20250818FinancialLuck
· 7h ago
Can the big shot's short position at 1890 be covered today?
Don't be fooled by the rapid surge now; it will still pull back when hitting key resistance levels. Currently, there are no major macro positive factors in the market, and the performance is weak. Key resistance levels include the previous high around 1930 on the hourly chart and the strong resistance at the previous high of 2100 on the daily chart.
My target is still 2400, but I think that's too idealistic because there are no positive signals; instead, negative factors are concentrated and erupting. The 2400 target isn't set in stone—it's just that I believe there's still a chance to reach it macroeconomically, so I won't give up. This time, the double bottom rebound support is also a critical point. I won't expect a third bottom; once the third attempt to break below 1800 occurs, and if it reaches 1700, then 2400 will be basically out of reach.
Therefore, the double bottom rebound is a key indicator. If the performance of the double bottom rebound doesn't meet expectations, I will naturally give up on the 2400 level. Also, I remind fans who entered below 1900 to protect their capital by taking profits or cutting losses.