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Today is my 698th day of writing posts. If you think I’m a serious person, you can join me on this journey. I also hope my daily content can be helpful to you. The world is vast, while I am small. Follow me so you won’t have trouble finding me.
.Everyone is very excited today. Is the bull market really here? Don’t get too excited—I advise you to stay calm and not shout so loudly! This rise is driven more by favorable policy news, a retaliatory market rebound, and short liquidations and covering. It is still too early to talk about a bull market.
What we should discuss more is how sustainable this rebound is and how high it can go. At the same time, I believe that even if the bull market has truly arrived, there will still be many opportunities to get on board. The louder people are shouting now, the more I actually think this is likely to be a rebound!
A true bull market should start quietly and inconspicuously, with the bottom gradually building higher, rather than through the kind of violent breakout we are seeing now! For now, watch 75000 and 78000 as the levels above. I believe 78000 is the limit of this rebound, and it will not last long!