2.25 Older Brother and Second Brother

After peaking above 70,000 in the early stage, the market has been oscillating downward, with highs gradually decreasing and the overall center of gravity continuously declining. This is not a subjective judgment but an objective signal given by the candlestick charts.

The Bollinger Bands are opening downward, and the price mostly remains below the middle band. The current dip to 62,400 was met with a rebound; essentially, this is just a technical correction after an oversold condition, a brief respite during the decline. As long as the four-hour timeframe cannot stabilize above the middle band, all upward movements can only be considered rebounds.

Until the trend truly reverses, any rebound is an opportunity for bears to enter more favorably. Don’t be disturbed by a single large bullish candle, and don’t be led by market sentiment.

Older Brother aggressively targets 65,800 directly, with a conservative approach around 66,300, 67,100 nearby, with a downside view of 63,800 and 62,500.
Second Brother aggressively targets 1,918 directly, with a conservative approach around 1,930, 1,980 nearby, with a downside view of 1,850 and 1,800.
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