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July 27: Er Bing Analysis
Er Bing’s performance in this cycle follows the broader market strength. After a brief dip following an early spike, it has once again started to rise. Funds have continued to flow in, and the upward momentum is quite evident.
The earlier high point above will form resistance. To keep breaking through, it needs continuous buy-side support. If the upward momentum weakens, a pullback and corrective adjustment are likely to occur.
The current market is highly volatile, so it’s not suitable to chase the rally in a rush. Be patient and observe the subsequent trend’s sustainability, stay cautious, and don’t let short-term price movements drive impulsive trades.
Personal suggestion: around 1975, 箜; target 1890.