A second test is a high-probability event, not a bearish prediction, but a rational judgment based on historical patterns.
Key psychological levels are often broken through, just like 6000 in 2018 and 30,000 in 2022; it’s easier to find a bottom after breaking these levels. Currently, the monthly chart has five consecutive down weeks, which is rare in history; In March, it is highly likely to fluctuate around 60,000. If it closes lower again, the trend will become clearer. The 60,000 level will repeatedly test the bottom and create a false sense of stabilization. When the market generally believes the bottom has formed, a sharp decline will be the real bottom. High volatility in the US stock market is also a risk—be cautious.
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A second test is a high-probability event, not a bearish prediction, but a rational judgment based on historical patterns.
Key psychological levels are often broken through, just like 6000 in 2018 and 30,000 in 2022; it’s easier to find a bottom after breaking these levels.
Currently, the monthly chart has five consecutive down weeks, which is rare in history;
In March, it is highly likely to fluctuate around 60,000. If it closes lower again, the trend will become clearer.
The 60,000 level will repeatedly test the bottom and create a false sense of stabilization. When the market generally believes the bottom has formed, a sharp decline will be the real bottom.
High volatility in the US stock market is also a risk—be cautious.