Many friends often ask, how do you view this bull market? What should be the follow-up operation?
Today, I have some free time to draw the rising structure and trend chart starting from 15,000, and briefly analyze the upward process of this bull market!
Viewpoint: In this bull market, the higher level (4h) has gone through the rise of 3 Zhongshu, and is currently constructing the third Zhongshu. The range of the third Zhongshu is between 56,000-72,000, and it is expected that there will be a Zhongshu oscillation here for a relatively long period of time in the future.
It is expected to continue until the end of the year, and we will see if there is an opportunity to attempt a breakthrough at the end of the year and the beginning of next year. After the breakthrough, it is necessary to closely monitor the strength, as it is particularly easy to have a high-level divergence structure here. Unless it reaches above 90,000, it will not diverge.
Spot Operation: Oscillation between 56,000-72,000, sell high and buy low.
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