The US-Iran talks ended without results. As of this Sunday morning, there has been a nearly two-thousand-point drop, which we have become quite accustomed to. Those who pay close attention should be able to see the general direction of the market. Basically, every time the market rises, it is accompanied by a certain pullback. For the current situation, it is actually a good opportunity for many retail investors, as both bulls and bears have very good chances.

Returning to the market, on the four-hour chart, the price still maintains a staircase-like rise, with each increase accompanied by pullbacks to build a base. The lows are constantly rising, indicating that the bulls dominate the trend. Recently, I have been advising everyone to be long, with a little short as support. The key support level at the bottom is the 70,000 mark. If it does not break, then next week we will continue to expect a pullback to look for upward movement.

Reference points for the bullish outlook are in the range of 71,200-70,800, buying in batches. The next target can gradually look toward the 74,500 level. Everyone can gradually liquidate based on their own situation when the time is right.

Follow the public account, to relieve worries, only Jiang Wei, a treasure analysis blogger with high emotional value, sharing trading education for free, bringing stability and clear guidance in the restless trading market, traversing three rounds of bull and bear markets with years of practical trading experience, expert in naked K, trend analysis, Dow Theory, Gann, Harmonics, Chen Theory, Elliott Wave Theory, and other technical analyses, culminating in unique personal insights.

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