Mingjie: The pullback in the US market will continue to decline!

CN
1 year ago

Tolstoy once said: People often try to highlight their own abilities by pointing out the faults of others, but in doing so, they only reveal their own incompetence. The smarter and kinder a person is, the more virtues they see in others; while the more foolish and malicious a person is, the more faults they see in others. By giving others a way out, you also give yourself a way out; by giving others face, you gain face for yourself. Doing good leads to goodness!

The big pancake saw a sharp rise in the Asian market yesterday, from around the low of 26360. Mingjie provided a bullish outlook, and it reached near the high of 27400. However, it directly retraced during the US market session. In the evening, before the bearish momentum, Mingjie also provided a bearish outlook to everyone in advance. Whether it's a rise or a dip, Mingjie always guides the direction. Just follow Mingjie's rhythm and win effortlessly!

Looking at the one-hour structure, the current trend is leaning towards a rebound. Mingjie believes that the rebound strength is not significant. Why is this? Because the pullback in the evening hour directly covered a large part of the day's rise. The overhead pressure is still relatively strong, and today's trend is not as strong as yesterday's. In the US market session, we still anticipate a pullback. The intraday outlook remains unchanged: sell on rebound.

Pancake strategy: Sell near 26900, target near 26400

Ether strategy: Sell near 1640, target near 1610

The cryptocurrency market is always in full swing. It is everyone's common desire to seize the opportunity and get a piece of the pie. Please believe that "the only thing between you and financial freedom is a long road." With the guidance of this long road, you will surely achieve your cryptocurrency wealth dream faster and more steadily.

Follow Mingjie's public account for wealth secrets

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