Over the weekend, there was another large-scale conflict between Israel and Palestine, with Hamas launching at least 5,000 rockets at Israel, causing over a thousand casualties. Some have compared this to Israel's "Pearl Harbor incident." The market performance over the weekend has been in a sideways shock state, with little market volatility.

Key data and events to focus on this week:

Wednesday: US PPI, minutes of the September FOMC meeting

Thursday: US CPI, initial jobless claims

Friday: University of Michigan Consumer Sentiment Index

Currently, the candlestick chart is clearly rising above the 27,500 moving average, and the pullback is a normal trend. At the same time, the candlestick also has a lower shadow, indicating a clear bottom signal. The bullish trend is inevitable, and we are ready for a sharp rise. The bullish sentiment has been clear since Friday.

Short-term operations for today

During the Asian and European sessions, go long near 27,500-27,700, with targets at 28,300-28,500. Ethereum can be synchronized.

Wait for a certain amount of space before confirming the intraday range. In a volatile market, the focus is on the range and the accuracy of entry points. Specific operation points are subject to real-time adjustments.

- I am Lao Bai, a teacher specializing in technical analysis. If anyone has questions about operations or trends, feel free to communicate and learn with me! Let's learn and profit together!

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