Midnight Yellow Fish Low-Position Thinking: Buy on Dip, Confidently Hold More



Gold Digger Lao Mao | 2026.04.16

The most difficult part of trading is maintaining your direction amid volatility. Once the direction is set, don’t let short-term pullbacks shake your confidence.

During the midnight session, after a surge, Yellow Fish experienced a technical pullback. The short-term decline is merely a correction within the bullish trend and has not disrupted the overall upward rhythm. From the 1-hour Bollinger Bands, the price found support near the lower band, with support in the previous low area remaining effective, and no signs of sustained heavy selling. The medium-term moving averages are still upward, and the bullish structure remains intact; the bullish momentum is just temporarily gathering strength.

With no major data releases at midnight, the market is operating according to technical rhythm. We continue to adhere to the low-buying strategy with confidence.

In terms of operation, do not chase short positions or expect a decline. Aggressive traders can buy gradually on dips around 4770-4780; conservative traders wait for a second confirmation in the 4760-4770 range. This is the key defensive bottom line for this rally; as long as it holds, the bullish rhythm remains. First target is 4810-4820; after breaking through, look toward 4830-4840. Manage your positions well and hold onto the rhythm.

Disclaimer: The above content is only a personal trading idea sharing and does not constitute any investment advice. The market carries risks; invest cautiously.
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