Today’s early morning thoughts on the E-bike

Trading plan:
Go long around 1915-1905
First target: 1935-1970
Second target: 2000-2050
Set and follow a stop-loss.

The short-term oversold condition is clearly evident. Price is closely hugging the lower Bollinger Band, and bearish pressure has been released to a fairly sufficient degree. The demand for a rebound and correction is accumulating. Wait patiently for an inertia-driven dip to confirm that support is effective, then enter the rebound with a light position. Place defense below the recent low; if it breaks through, exit decisively. The first test overhead is the middle band’s suppression—on the first touch, actively reduce exposure. If it can break through with volume, then look further toward the upper band area. Since the overall trading range has narrowed, the profit space is limited. In execution, focus on quick in-and-out, take profits promptly, and avoid holding positions for too long $ETH #Gate事件合约首发狂欢