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$RAVE Yesterday, the typical strong market control by major players was observed, with funds powering up, completing a violent surge in a short period of time, so a pullback at high levels is a normal technical correction. The current price has entered a stage adjustment zone, with limited upward space, and the bulls need to re-energize.
In the hourly chart structure, support around 7.0 is quite clear, with multiple rebounds supported by funds, indicating some intention to support prices at this level. Combined with market performance, the project party is likely distributing positions to prepare for the next round of a surge. In terms of operation, it is not recommended to chase higher prices, but wait for a buying opportunity at a pullback. For short-term long positions, the reference range is 7.7–7.9, with stop-loss placed below 6.6, controlling position risk while planning the second push higher. If subsequent volume matches, the target can be seen in the 9–10 range.
Currently, it is in a consolidation phase within a strong market, with the pace more inclined towards “a pullback is an opportunity”. Brothers who are trapped or at a loss, follow General Lin’s strategy pace, and wait for the second takeoff!!#Gate13周年Dr.Han公开信 #加密市场回升