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8.7 Nighttime Follow Key Points
After the strong breakout of the daily resistance level, the large pancake is currently consolidating around 117000. Given that this is a daily level breakout, attention should be focused on the pullback zone of 115700 - 115000 during the night.
As long as the four-hour line does not break below this support area, the market is likely to continue rising. At this point, you can open long positions with light positions during the pullback phase, targeting the resistance level at 117000 first. If it can successfully break through, the next target will be the range of 118000 - 118900. When the price reaches this resistance range, you should start paying attention to opportunities for short positions.
However, if the four-hour line breaks below 115000 at night, one must be wary of the risk of a second drop in the market, and the already placed long positions should be stopped out in a timely manner. The support levels below are initially at 113300 - 112600, and if they break again, then look towards around 110800. #币圈#