The four-hour K-line has seen three consecutive bearish candles reaching the EMA90 trend support point of 101000. Friends entering orders here should remember to set a stop loss of 300 points; safety first. Pay attention to the key support at EMA120, which is 99750. Those who haven't entered can try a position here. The MACD continues to shrink and decline, with DIF and DEA expanding downwards towards the 0 axis. The overall trend clearly indicates a short squeeze of the long positions, with the main players taking profits around 108000 and reversing to catch the next wave. The plan is to wait for a clear support before going long. Aggressive traders should not be greedy; take profits when they see good results. After facing resistance on a pullback, short positions can be taken for a swing trade.
Short-term strategy reference: The market is never 100% certain, so always set a proper stop loss; safety first. The goal is to take small losses for big gains.
Long position entry point around 99000, set a stop loss of 700 points, target between 100000 and 101500, and if broken, look for 102000 to 103000.
Short position entry point at 1025800, set a stop loss of 700 points, target between 102000 and 101000, and if broken, look for the 100000 mark.