For the pancake bottom to close red on the three-day line candle, after almost free vertical free fall, it received effective support and had a slight rebound. Currently, many big players are saying that it is in the rebound phase of the B wave. However, the red energy of the daily MACD is increasingly under pressure, and for the high top encountering the double crossover resistance zone, as long as one is not too foolish at that time, they will go short and set stop losses of several hundred dollars above. But now the market trend is that the high top above 108330 has not successfully broken through and has started to move towards a correction route. The second rebound has encountered the place of the 4-hour long-short game at the top 99500, where a V-shaped reversal still appeared, and the rebound highs are getting lower and lower, with the pivot point also getting lower. The bulls are retreating step by step. The weekly KDJ, under the condition that last week's weekly K closed red, has already shown a situation of a golden cross. In terms of important direction, I still think the monthly support at 96200 should be a trend identification direction. Of course, at the hourly level, I don't need to say that the left front high is a trend identification direction. However, one thing is that you absolutely cannot see where the resistance line of the left front high is located, 😂 and that is my value 😏. Breaking through the left front high, there are also false breakouts, after all, the resistance in the right front, the main force does not want to pull up, anyway, it doesn't matter, at worst, just short a little at a low position.