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Song Xiqing: A lack of rebound strength is a crime; prolonged sideways movement will lead to a decline
Brothers, let’s talk a few more words at noon.
This morning, continue to grind between 63k-64k, looking like it wants to go up? What about volume? No volume, just acting.
Four-hour level shrinking sideways, Bollinger Bands flattening, but this kind of sideways movement has never been the bottom; it’s preparing for the next wave of decline.
Cannot hold 60k.
In the afternoon, as long as it touches 64k again and can’t go higher, the short positions will be directly increased.
Target unchanged: 60k, breaking it opens the floodgates.
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