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This wave of market conditions has trained everyone to become increasingly patient. From the Q4 decline last year to now, we've been repeatedly tested within a large range. Fake breaks around 94, occasional rallies of a few thousand points crossing key levels, then the market pulls back again. It's reached the point where just a few thousand points of rise should be appreciated as the market manipulator's effort.
However, from a technical perspective, there are indeed signs of a breakout in the structure of three attempts to hit the top pressure level. The daily chart's structural trend requires close attention to the cycle. My personal trading approach is: wait for a breakout near 94 and a pullback to establish support before entering long positions. If a true breakout occurs, it will enter the 3-day FVG zone, with an expected target of 99,500.
But be cautious here. The structure of one top on the 3-day chart versus three tops on the daily chart can be easily exploited by liquidity hunts before a breakout. If it drops below 90,000, consider a pullback and a pin insertion around 87,000. Another possibility is a direct drop below, which would invalidate this medium- to long-term structure, and then wait for the next opportunity.
Trading advice: If you're itching to trade, look for structural lows on the 15-minute or 5-minute charts for quick entries and exits, with enough margin in your small positions. For futures, avoid betting big in the short term; just aim for profits within the expected target points, set your take profit and stop loss, and don't move them. When a breakout occurs, the sense of being pushed back will be very obvious, but never squander your capital during oscillations and accumulation phases.
Using SMC to judge sideways markets works well; indicators tend to lag and can deceive with fake breaks. If you're interested, you can study it more deeply. When will we see another wave like the one at the end of November—where Macau turned $100 into $800 in a week—that's the real thrill.