Juejin Old Cat

April 22, 2026

The market has never changed its trajectory because of anyone’s expectations; what truly helps us navigate volatility is always reverence for the rhythm and control of risk.

The current trend is a recovery rebound after a sharp decline, with the price returning above the middle band of the 1-hour Bollinger Bands, but the overall bearish structure remains unchanged, and key resistance above is still effective, with limited rebound momentum.

The European session is likely to continue the pattern of encountering resistance and falling back, mainly maintaining a high-short position, with rebounds being opportunities for layout, and not letting short-term rebounds interfere with the rhythm.

In terms of operation, the main idea is to go short at the 4780-4785 range with light positions upon first contact, with a stop loss above 4790, targeting 4760-4750, and a break below can target 4730; if during the European session it surges to the 4795-4800 range, add positions for layout, with a stop loss above 4805, targeting 4770-4750, and holding through a break can aim for 4710. For long positions, only try lightly on the first dip to key support, with a stable range of 4730-4735, stop loss below 4725, targeting 4755-4765; if it stabilizes at 4710-4715, small positions can be used to gamble on the rebound, with a stop loss below 4705, targeting 4740-4750. If during the European session it directly breaks above 4800 with volume, the high-short strategy should be temporarily avoided, and do not fight against the trend.

⚠️ Disclaimer: The above content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks; trading should be cautious. Be sure to manage positions and control risks.