Yesterday, due to Christmas, the US market did not open, and the market has been fluctuating around 98000 with limited volatility. The current market has reached a resistance zone, and whether it can break through will determine its direction.

The four-hour chart is currently at the resistance zone, with a morning spike to around 99900, but the volume was insufficient, causing a quick drop to around 99000. It has now returned to around 98000 for consolidation. Based on the current situation, the resistance at the 100,000 mark still exerts considerable pressure. The intraday resistance levels are 100000 and 100700, while the support levels are 97300 and 96500. The strategy for now is to maintain a bearish outlook, waiting for a turning point in the market to follow up.

Current price 98700 sell, increase sell at 99300, stop loss at 99600, target 97000-96500.