Happy weekend.

Today, the overall market should not experience much fluctuation, as there is not much liquidity. Yesterday's CPI data was favorable, leading to a rebound, but unfortunately, it did not stabilize above, and then it retraced. It can be seen that the current price trend still needs time; the bottom requires enough chips for the price to have meaningful breakthroughs. This is also why every time the price rises, there is a retracement, which is to induce everyone to be bearish.

The four-hour level market is consolidating at a high position, currently at the upper track's pressure testing position. The price trend is a gradual rising pattern, slowly recovering the downward space. I mentioned earlier that the price level might break historical highs by the end of the year or the beginning of the next year. After all, it has not yet reached the high point of the upward channel. My expected high point is at the 144800 mark. To get back to the point, at the four-hour level, just look for retracements to go long.

On Saturday, the market's fluctuations were weak, so a slight retracement looks bullish. Around 110800 is a good point to go long, with a target towards 112500, and a breakthrough looking at the 114000 mark.

Follow the public account, to relieve worries, only Jiang Wei can help.

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