Wednesday: What did I say? 96300 before dawn, bottom fishing, do you know where the bottom is?

Knowing how far an unrecognized path can lead, don't stubbornly hold on to it; in the end, it will only waste time and energy. Turning back in time not only makes it easier for you but also spares your shoes from suffering.

Yesterday's market showed a state of breaking out, with a high-level plunge extending. The evening session continued to explore downward, reaching a low of 96150 before stopping. Currently, there is a certain level of upward correction, but there has been no significant rebound, which aligns well with our expectations after the turnaround.

From a technical structure perspective, looking at the four-hour level, the price has not stabilized at high levels and is declining. It has not yet broken through the downward channel, but the bearish volume still has momentum. Such a significant drop has not resulted in a rebound; the weak pattern is evident, and the short-term decline is facing obstacles, forming a certain base consolidation. The recovery is ongoing, but it has not affected the bearish momentum.

Today's strategy remains focused on maintaining short positions:

In terms of operations, I personally suggest shorting in the 97500-98000 range, looking at 96300-95300.