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Jin Zhechuan 5-15 [Fluctuating market is easy to grasp, one-sided market is hard to capture]

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金哲川
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1 hour ago
AI summarizes in 5 seconds.

[Volatile market is easier to grasp, directional market is hard to capture]

The rhythm of yesterday's market was well grasped. This week, we have accurately predicted the market direction multiple times during pre-market hours and early morning periods in the US stock market, keeping the rhythm throughout.

Keep a calm mindset without being anxious. Although today is Friday, the market pattern this week is very clear: if you missed the morning wave of the market, just patiently wait for the afternoon opportunity. Today, we will also follow this rhythm.

On May 15, it is exactly the final turning point that I have been emphasizing. From the daytime trend, it can be clearly seen that after BTC closed with a large bullish candle yesterday, it continued with a high-position wave-shaped K line. Currently, although it is still in the 4-hour upward channel, it is overall in the middle position of the channel. Before there are clear key signals, it is unwise to operate blindly; one can only patiently wait for the directional decision.

The key support of the lower Bollinger band falls at 80500. Pay close attention to whether this position can effectively stabilize and support the market; just observe calmly.

Key Important Range

Upper pressure: 82000—82800

Lower support: 79500—78300

If a quick spike hits the key level during the session, one can decisively reverse to seize the opportunity.

Currently, the market insists on doing less and watching more, prioritizing stability. Having deepened into the market for many years, focusing on the cryptocurrency and gold sectors, we welcome like-minded friends to communicate and learn together, researching the market together.

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Selected Articles by 金哲川

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1 month ago
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