There's not much to say about the midnight market. It's particularly obvious when you draw trend lines on the hourly chart. From 98200, it has been under pressure and moving downward, with the rebound highs decreasing and the pullback lows getting lower. Isn't this a standard downward channel?

The Bollinger Bands on the daily K-line are tightening, with the upper band continuing to decline. There is a high probability of testing 90800 again before forming a double bottom. The price could then pull back to 100,000. This is my personal prediction, focusing on high positions during the midnight hours.

The main strategy for the midnight rebound is to short at 96000 and 97000. For the long positions held at 95000 and 94000, I will also reduce positions in batches at these two levels, and after reducing, I will change to breakeven stop. Short at 96000 and 97000, with targets looking down at 95000, 94000, and 93000; if broken, look to 91800 here. #下一个换谁涨？