As long as you plan something carefully and persist while making adjustments, you often complete it excellently. Everyone may feel lazy at times, don't worry about being slower than others, and don't be disheartened by temporary setbacks. As long as you continuously adjust your mindset and keep moving forward, you will eventually reach the finish line.

Yesterday's prices fluctuated greatly, with consolidation during the day session and a strong upward movement during the evening session, reaching a high point around 26850. We achieved the expected 600-point downside during the day session, but the sustainability was weak. As it failed to stabilize, the price later fell back to around 26050, adding another door to the chart. The long positions we established in the evening session were also invalidated, but there is still some room for upside near 26200.

From a technical perspective, looking at the daily chart, after a long period of consolidation, the bearish side failed to regain bullish momentum in time, leading to an upward price test that drove a second surge in bullish momentum. As a result, the fast and slow lines have maintained a steady upward trend, and the price has now stabilized around the daily midline. The phase of consolidation has been completed, so we await the bullish performance ahead.

Looking at the short-term chart, although the price did not continue to rise yesterday, it also did not break through the previous low point. In addition, the multiple attempts to test the bottom support were not effectively broken, causing the price channel to slowly expand upwards. Influenced by the attempts, the bullish volume on the short-term chart is maintaining a pattern of alternating between real and false surges. Although there is no strong one-sided sentiment in the rhythm of the short term, the bulls maintain an advantage in the rhythm. Therefore, in our operations, we continue to maintain a long position.

Trading suggestion: Go long directly in the 26100-26200 area, with a target of 26800-27200.

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