After the plunge on Monday, the market rebounded in a V-shape. It did not consolidate around 50,000, but rebounded directly to 62,000, which looked like a performance of a foodie. Technically, the long-term bull market still exists, and 49,000 just hits the lower edge of the bull flag. It shows a trend of shock expansion. After the shock expansion, there will inevitably be a direction. I personally think it is still bullish, but because the sideways consolidation time is too long, the certainty has become weak. Technically, it can reach the 68,000-70,000 range, and then see if it can break through the bull flag. The support below is the 58,500-59,500 range. Keep the view unchanged and continue to be bullish.
