After the short-term resistance at 99633, a rapid pullback occurred. The short-term support below did not provide the expected assistance to boost prices, so the short and aggressive positions at 95518 were exited first due to the current rebound.

From the 4H to daily chart perspective, the price failed to effectively break through the short-term resistance above, and the consolidation time was slightly insufficient, leading to a lack of sustainability in the small-scale upward movement. When the daily chart shows a pullback, the internal short-term trend leans bearish.

From the 15-minute to 1H perspective, during the pullback process, the price found support at the previous short-term level of 95518 (15-minute closed space), but due to the sharp decline, the local trend returned to a bearish structure. The initial rebound here has limited visible space, and it is highly likely to experience accompanying oscillations and declines. New positions will be considered after breaking the lows.

The medium to short-term support is 92943~90343 (1:2 hanging, monitoring the market), looking to go long with short pin options at 86924~83799 (1:2 hanging). Short-term resistance is 97201~97696.