6.30 Tuesday | 🫓 Morning Thoughts

As we approach the end of the month, the market’s overall tempo is gradually slowing down. The choppy “seesaw” trading pattern has taken shape. Short-term resistance: 608. Short-term support: 588. Yesterday, we clearly held/ran above 60k🈳; after several rounds of seesaw, the results were also very obvious.

For today, at the end-of-month stage, unless the range is broken, we will not look for a one-way trend. On the 4-hour chart, after the drop, price is consolidating in the low area. The short-term boll is level and moving forward, and there are currently no reversal signs. On the smaller time frames, candles alternate bullish and bearish around the middle band, but this pattern has not been sustained. Intraday, participate with short-term trades only.

Watch the 593–588 area for support (bounce)⬛, and if price moves up, target the 605–610 zone🈳.