Deer Star 8.15 Early Morning Thought Analysis and Operation Suggestions

From the current 4-hour chart analysis, the market shows a clear pullback trend under the influence of news events. This round of adjustment not only caused the index to fall below the mid-level but also approached the key position of the lower level at one point. However, after retreating above the lower level, the market began to demonstrate strong resilience and started to rebound and recover.
The current pullback after the surge hitting a historic high is a normal phenomenon. On one hand, the substantial profits accumulated in the previous period need to be realized, which will lead to a wave of market pullback. From a technical analysis perspective, any upward trend requires periodic adjustments to digest overbought pressure and repair technical indicators. As I have emphasized multiple times, a good upward trend must be accompanied by reasonable pullbacks; this is a necessary process for more stable growth in the future. The current pullback is more likely a normal consolidation within the upward trend rather than a complete reversal of the trend.

Operating Recommendations:
The pancake is fluctuating around 117200-116700, aiming for 120000-119100.
The concubine is hovering around 4500-4450, targeting 4635-4730 #加密总市值创历史新高# .