Regarding the recent market trends, it is believed to be unfriendly for retail investors and trend traders. The uninformed may find their wallets emptied in the repeated fluctuations, but in my view, although the market has lost the support of a trend, the wide range of fluctuations provides greater space and more stable gains for short- to medium-term setups.

First, the conclusion: The market is still overall under the pressure of a bearish trend, and a complete confirmation of a market reversal cannot be made.

Here, let's set aside the habitual logic and take a look at the Auntie.

It is still in the third wave of downward fluctuations after the second high of 4754. Although it is close to breaking the channel, the fact that it hasn't broken yet indicates that the resistance selling pressure is still effective. Until the market fully stabilizes above 3550, I will not easily declare a trend reversal.

Now, looking at Bitcoin.

The trend is consistent, also under the downward pressure since the historical high of 126,200. It is similarly close to breaking the channel, with support rising below, but since the pressure has not been broken, a reversal cannot be easily declared. We also need to wait until it stabilizes above 104,500 to confirm the start of a new round of daily-level rebounds.

As for the future market, Li Mu preliminarily believes that the market will experience a fluctuation at the tail end of the range triangle as the range narrows, while re-accumulating positions and shaking off weak hands.

Here, let's shift our perspective back to the macro level. The beautiful government's standstill has led to uncertainty in the FOMC path, and the unrest in people's livelihoods has caused a decline in consumer confidence, making traders' judgments about future market trends even more uncertain. However, the unfallen shoe in the future also leaves hope for the market, which is the root cause of the current disputes and entanglements in the market.

Fortunately, the farce is about to come to an end. The beautiful two parties have initially reached a consensus, and the government is close to resuming work. The market is expected to regain vitality, and we can continue to accumulate positions at the bottom of the channel, waiting for a new round of upward movement on the daily chart.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。