Sunday: Boxed cycle tug-of-war, building bottom power waiting to break highs

Not knowing the direction of the wind, the kite always falls straight down. If you understand the direction of the wind, the kite will fly higher and higher. The direction of the wind can always determine the way back.

In the early market, the double bottom tested the 97000 mark but failed to break through. Whether short-term or trend-based, the pullback strength is limited, and it hasn't experienced the waterfall-style return at the hundred-thousand mark as many people said. In ten trades, the short-term has captured 800 points, and the rhythm has entered a boxed oscillation phase.

From a technical structure perspective, the price is under pressure at the hundred-thousand mark, pulling back for adjustments. The volume cannot maintain the upward rhythm, but it uses weak pullbacks to correct the previous rise. The bullish trend remains unchanged, with short-term tug-of-war continuing. Currently, there are no signs of breaking down; instead, it is mainly about bottom consolidation.

In the afternoon, our strategy remains unchanged to buy low:

In terms of operation, I personally suggest buying at 97200-97600, looking for 98800-99500.