Yesterday's market started with a slight gap up, basically hovering around the previous day's closing level. Throughout the day, it surged twice and tested the bottom three times, with each bottom being lower than the last. In the end, it closed with a doji star, appearing lukewarm. On individual stocks, more declined than rose, but there were signs of a slight increase in trading volume.



From the trend characteristics, yesterday was a typical oscillation and consolidation, without a direct breakthrough upward. The reasons are not hard to understand—on one hand, new funds entering the market are insufficient; on the other hand, profits have been taken too extensively, increasing the selling pressure pushing prices down, which weakens upward momentum.

However, from the perspective of candlestick patterns, after two consecutive large bullish candles, a doji star appeared, which does not yet form a top structure. Plus, the trading volume did not shrink significantly, indicating that the market still has the capacity to hit new highs. Therefore, a short-term top has not truly formed, meaning there is still room for upward movement before new highs are made. Based on this judgment, one could consider waiting until the market pushes out new highs, then choosing appropriate opportunities to realize profits and moderately reduce positions.

Yesterday was the first day of the current round of widespread decline in individual stocks. According to previous patterns, a broad decline usually lasts for two days, followed by a small rebound opportunity. If today the market still hasn't hit new highs at the open and continues to decline, then stocks sold at high levels earlier could be considered for some re-entry. For example, if you sold a stock at $10 the day before yesterday, and yesterday it fell 1.5%, and today it opens down another 1.5%, with a total decline of over 3% in two days. If the stock's chart still looks good, the fundamentals are decent, and it’s not a highly volatile speculative stock, then you might choose to buy some back. To be safe, you could first buy back half of the original amount, provided the market hasn't hit new highs yet.
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MemeCuratorvip
· 8h ago
The doji star is back again, same old trick, oscillating and consolidating to death.
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PessimisticOraclevip
· 01-10 09:23
Still want to push for a new high after the doji? Haha, this market is just messing with us.
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MerkleTreeHuggervip
· 01-10 03:36
Still aiming for a new high after the doji? It depends on whether new funds are willing to buy in.
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MevHuntervip
· 01-08 09:52
Still messing around, this doji is really both lousy and loves to play around.
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CountdownToBrokevip
· 01-08 09:51
Still want to push after the doji? It looks a bit uncertain, with such strong selling pressure.
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SeasonedInvestorvip
· 01-08 09:46
Another doji and consolidation. I'm tired of hearing this explanation haha. The key is whether we can really break out today; otherwise, it's just a trick to fool the retail investors.
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ImpermanentSagevip
· 01-08 09:45
Still aiming for a new high after the doji? I think it's uncertain; the chip pressure is so strong.
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CryptoPhoenixvip
· 01-08 09:24
Oscillating and consolidating again, the bear market is shaping the mentality... Can it really surge after the doji star? I’m too afraid to gamble this time [bitter smile]. Wait, is there still room? Then I need to rethink this move... Is the opportunity for rebirth here? A drop of more than 3 percentage points can be made up easily. It sounds easy, but I’m afraid that after making up the loss, it will continue to fall, brother. A moderate pace is right. It should be like this now. Don’t rush to chase highs; the bottom range is repairing sentiment. A new high after a doji star? Remember, when losing money, clarity is most needed. I’ll observe for a couple of days first. Looking at this rhythm... probably need two more dips to stabilize. Be patient, everyone. Only after consecutive large bullish candles does a doji appear. It’s not that pessimistic, but I’ll still take profits first for safety. This decline might actually be a good opportunity to build positions? Starting to PUA me again... but it seems to make some sense.
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