The overall market performed quite strongly today. After a high open, it continued upward all the way, with a medium-sized bullish candlestick breaking through the 4100 point integer mark with increased volume, hitting a 10-year high. Interestingly, this key bullish candlestick arrived earlier than previously expected.
From the details of the market, there was even a dip at 11:00 AM, but the major sectors (brokerage, insurance, banking) performed steadily, and the index was still able to rise against the trend—this kind of resilience is indeed impressive. When the index is so strong, the pressure for a correction is hardly sustainable.
So, what will happen next week?
My judgment is as follows: there is a high probability that we will see another medium-sized bullish candlestick on Monday. After that, the market is likely to enter a phase of high-level consolidation. After reaching the top of the consolidation range, a slight correction may occur. Once the correction is complete, the first divergence top phenomenon may form, and the market could continue to reach new highs. From a long-term perspective, this bull market might develop 5 to 6 cycles of divergence tops and new highs.
Overall, there is still considerable room for upward movement in the near future. Investors are advised to remain patient and hold their positions, waiting for market confirmation.
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DeFi_Dad_Jokes
· 7h ago
Oh no, another round of bearish divergence hitting new highs? Why do I feel like this explanation is always so accurate... Is it real or not?
Will it continue to surge next Monday? Then I better hold tight to my chips, or I'll regret it to the point of regret.
The heavyweight sectors are holding steady, it seems this wave really has some substance.
5 to 6 rounds of bearish divergence? Bro, your prediction is a bit too bold, dare to be even more daring?
Even the morning plunge couldn't suppress the index; this momentum is really fierce.
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NeverVoteOnDAO
· 10h ago
The 10-year high has been broken through. If this wave can last until the 5th round of top divergence, it would be amazing.
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NeonCollector
· 01-09 08:57
10-year high, such a stable weight, feels like the main force is supporting the market.
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SignatureLiquidator
· 01-09 08:56
The heavyweight sectors have really stabilized, and this is the key point.
It's the same old pattern of divergence at the top reaching new highs; we've been caught in this a few times...
The mid-day bullish line broke early, which is interesting. The pace is a bit fast.
5 to 6 rounds of divergence at the top? Brother, your prediction is too optimistic.
A high-level consolidation is coming. Can we really see another surge next Monday? Let's watch and see.
The weights are as steady as a mountain, no wonder the index is so strong.
New historical highs have been broken; no matter how it adjusts afterward, there's nothing to fear.
This wave is indeed a bit fierce; I didn't expect it to happen so early.
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SocialAnxietyStaker
· 01-09 08:52
The heavy support from the big players is really intense, and I’m starting to feel a bit overwhelmed. It seems like we’re about to enter that cycle of pushing to new highs with top divergence again.
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GateUser-3824aa38
· 01-09 08:51
Huh? Another bullish candle? I feel like this move is a bit fake.
Excited when breaking 4100, just waiting to see how it develops next.
With such strong resistance, retail investors better be careful.
Another bearish divergence and a new high—it's giving me a headache.
Keep holding the position? Let me see how much of my hard-earned money I still have.
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Liquidated_Larry
· 01-09 08:43
Another 5-6 rounds of bullish divergence? Bro, how long is your forecast horizon? I'm afraid I might get liquidated before that day, haha.
The overall market performed quite strongly today. After a high open, it continued upward all the way, with a medium-sized bullish candlestick breaking through the 4100 point integer mark with increased volume, hitting a 10-year high. Interestingly, this key bullish candlestick arrived earlier than previously expected.
From the details of the market, there was even a dip at 11:00 AM, but the major sectors (brokerage, insurance, banking) performed steadily, and the index was still able to rise against the trend—this kind of resilience is indeed impressive. When the index is so strong, the pressure for a correction is hardly sustainable.
So, what will happen next week?
My judgment is as follows: there is a high probability that we will see another medium-sized bullish candlestick on Monday. After that, the market is likely to enter a phase of high-level consolidation. After reaching the top of the consolidation range, a slight correction may occur. Once the correction is complete, the first divergence top phenomenon may form, and the market could continue to reach new highs. From a long-term perspective, this bull market might develop 5 to 6 cycles of divergence tops and new highs.
Overall, there is still considerable room for upward movement in the near future. Investors are advised to remain patient and hold their positions, waiting for market confirmation.