#本轮牛市周期预期

From the 4-hour perspective, after rising to around 102,500 yesterday, there was a pullback of 1,500 points. If it stabilizes above 101,000, there is hope for a breakthrough towards 105,000 - 105,500;

However, due to the distance between the EMA20 moving average and the K-line, there may be a downward movement until the moving average rises to around 101,100 or it falls back to around 99,600 before rebounding;

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But I expect the volatility during the day won't be large, oscillating widely around 101,300 - 102,800, waiting for the moving average to rise to around 101,150 before continuing to rise;

From the 1-hour perspective, after breaking through 99,500, it rose to around 102,500 in two big bullish candles before pulling back, and is about to stabilize above the EMA20 moving average around 102,500, which will lead to back-and-forth adjustments;

During the day, it is recommended to take high short positions in the range (102,800 - 100,800), operating with high shorts and low longs; at night, it is advisable to focus on low longs, and currently, one can appropriately take short positions.