Fam,


The current market has accelerated its decline to the 63,205 level, and the 60,000 threshold is right within reach. With the current position also overlapping the key daily-line support and the KDJ at an extreme oversold condition, the selloff momentum is basically exhausted, and this pullback is highly likely to be near the end of the current round of correction.

Under no circumstances should you stop-loss and exit at lower levels during the emotional panic stage—wait patiently until a stabilization/bottoming signal shows up around the 63,000 area before entering for the dip. For the subsequent rebound targets, refer to the 64,000–64,200 range.
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GateUser-ebdc7d3a
· 07-13 05:03
Psychological warfare at the 60,000 level—holding your ground is victory
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0xTeaTime
· 07-13 04:19
Wait for the sell-stop/price-stabilization signal before pushing higher; the 64,200 target has been conservative.
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FloatingTeacupClub
· 07-13 03:29
KDJ is oversold + key support is in place—cutting losses from this position really seems unfair.
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GovernanceVotingTug-Of-WarKing
· 07-13 03:20
Don’t panic, everyone—this pullback is about to end, and the opportunity to place orders is here.
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