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Song Xiqing: Weekend Consolidation Hiding Secrets? 59k Support Holds, Short Opportunities Above?
From the current market perspective, weekend conditions are typically quiet, making intraday fluctuations suitable for back-and-forth trading—small gains accumulate into decent profits. The price is currently oscillating within the 59k–61k range.
My approach is straightforward: First, plan to go long, targeting around 62k–62.5k; if the price breaks this zone with strength, then look to the 64.5k–65k range, where we can consider entering swing shorts.
Trading suggestion:
Go long around 58.5k–59k, targeting around 62k–62.5k, and if it breaks strongly, look toward 64.5k–65k.
Disclaimer:
The above analysis represents Song Xiqing's personal views. Markets change rapidly. This content is for reference only and does not constitute any investment advice!
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