7.22 morning ideas

On the 4-hour technical structure, after the candles exited a streak of five consecutive bullish candles with strong momentum, a normal technical pullback has occurred. Current price is still pushing upward tightly along the upper Bollinger Band, and the strong bullish momentum led by the bulls is clearly visible. After the evening move pushed higher and touched the intraday high, there was a pullback, but the downside penetration was extremely limited—overall, the upward structure has not been broken. Therefore, there is no need to over-worry about the current retracement; this looks more like a bull-market buildup and shakeout before a breakout, rather than a signal of a trend reversal. The next key battleground remains focused on 67,000, this crucial resistance level. If the bulls can gather momentum and break through with increased volume, the upside room will be opened further. Based on this, our overall trading plan continues to prioritize buying on dips in line with the trend.

Place long orders in batches in the 1,900–1,880 range; the upside target is around 1,960.