Trend is emerging, decisive follow-up is the hard truth!



The current precious metals market is full of bullish momentum, continuously pushing upwards. Thinking about shorting at this stage? That's a big mistake - it's easy for the price to accumulate an increase of 20 points, but trying to get a pullback of 10 points is much harder than climbing to the sky.

Talk about how to understand the "Law of Diminishing Resistance:"
The first round of hitting the resistance level saw a significant retracement, proving that this position really holds; in the second round, the retracement amplitude clearly decreased, and at this point, the bulls began to hesitate; during the third and fourth assaults, each retracement shrank, even leading to a sideways consolidation, which is a signal before breaking the level - the technical aspects have made it very clear.

Reviewing last week's judgment: The resistance point at 4350 has been tested repeatedly, with each pullback diminishing. As long as the starting point is maintained, breaking above is just a matter of time. After breaking through the hurdle at 4245, the mid-term rhythm has reversed upwards. As long as the 4160-4140 range is stabilized, I remain optimistic about the upward potential.

We have been emphasizing the bullish logic for several consecutive days. Even if there is a pullback after a rise, as long as we can stabilize above 4350 again, there will be an opportunity to enter long positions. Many people should have caught that wave of rising行情 last Monday, and the current mindset remains unchanged, with a chance to push towards 4500. The daily increase has already broken a hundred.

In this strong market pattern, a slight correction in the US market is an opportunity for bulls to increase their positions. Don't wait for a significant adjustment to enter the market. The strong trend continued in the early morning, and today is still dominated by bulls.

After a direct rise in the morning session, bulls can consider positioning during the midday period. Focus on the opportunities around the early morning pullback low of 4428 and the turning point between support and resistance at 4440. The stronger the market, the more decisively one should follow the trend.

Today's trading strategy
Maintain a bullish outlook, focus on opportunities around 4440 in the morning session, and refer to the range of 4428-4430 in the afternoon session. Key principle: only go long, never short, follow the trend! #BTC对标贵金属的竞争格局 $BTC $SOL
BTC-0.74%
XRP-1.88%
SOL-2.26%
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GasFeeWhisperervip
· 12-23 04:07
It's the same old "decreasing resistance" theory, I'm tired of hearing it, but this wave of long positions is indeed fierce...
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CryptoWageSlavevip
· 12-23 01:20
You should enter a position the night before breaking out; waiting for a pullback is just a struggle with yourself.
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AllInAlicevip
· 12-23 01:20
It's the same theory of decreasing resistance again, I've heard it countless times, but it really works... I've already entered a position at 4350, now let's see if it can push to 4500.
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AlwaysQuestioningvip
· 12-23 01:18
Hmm... it's again this old saying about decreasing resistance. Whenever the long positions gain strength, they start talking about breakout signals. It sounds a bit tedious, haha.
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PretendingSeriousvip
· 12-23 01:15
It’s again this same old rhetoric; I’m tired of hearing about decreasing resistance, but this wave is indeed a bit fierce.
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