This is when the main players, after completing a deleveraging shakeout, quickly push up the price to prevent those who were washed out from buying back in at a lower price. This attracts momentum followers into the market, further drives up the price, confirms the end of the shakeout, and signals the start of an upward trend, forming a consensus to go long in the market.
In the short term, it will most likely see minor fluctuations in the 3100-3150 range to absorb profit-taking. As long as it doesn't fall below 3050, it's a healthy upward consolidation. In the medium to long term, if it can continue to break above 3150 with strong volume, the next target will be the previous high of 3240, or even challenge 3580. #十二月行情展望
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The logic behind aggressive price surges.
This is when the main players, after completing a deleveraging shakeout, quickly push up the price to prevent those who were washed out from buying back in at a lower price. This attracts momentum followers into the market, further drives up the price, confirms the end of the shakeout, and signals the start of an upward trend, forming a consensus to go long in the market.
In the short term, it will most likely see minor fluctuations in the 3100-3150 range to absorb profit-taking. As long as it doesn't fall below 3050, it's a healthy upward consolidation. In the medium to long term, if it can continue to break above 3150 with strong volume, the next target will be the previous high of 3240, or even challenge 3580. #十二月行情展望