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July 24 Early Morning: Shandi Quick Analysis
Late at night, Xiaodizi surged against the trend, up 4.64%; net capital inflow was $60.06 million. After the price was pushed from 1548 all the way to around 1694, it then pulled back slightly.
In the short term, Daitou looks strong, but be mindful of the resistance at the 1700 whole-number level above. Support is in the 1650–1640 range below.
However, when the big cake and the second cake are both falling, this kind of solitary jump higher should be treated with caution—watch out for sharp volatility brought about by market makers boosting the price to distribute or due to insufficient liquidity. Chasing the price carries significant risk. If you want to be more steady, wait for a pullback to confirm support before considering anything—don’t get carried away. 🚀