Wednesday Morning Market Analysis!
In the past few days, there was a significant rise, rebounding to 102700, but early this morning there was a sharp drop to 96500, following a roller coaster trend, resulting in a thorough washout for both bulls and bears, which is quite tragic. This round has also washed out the chips at 97000, and looking at the bull-bear ratio, it has already tilted heavily to one side, indicating that there shouldn't be too much further decline. This morning during the white盘 phase, we observe a fluctuating rebound trend.
Today, the overall direction looks bullish.