The wide fluctuation has occurred. The two support levels touched briefly and then rebounded, pulling up 4500 points in these two hours, resulting in a wide fluctuation.

Let's talk about yesterday first. After a whole day of sideways movement over the weekend, the narrow range turned into a wider range of fluctuations, reminding us to pay attention to 93870 and 3346 which have reached successively.

During this period, the market has shown huge divergences, as can be seen from the sideways and tug-of-war. There is too much hesitation in the market regarding the future, evident in both trading volume and structural damage. Many may view the drop from 952 to 93000 as a breakdown of the channel, but the trading volume during this period was relatively low, while on 12.30, the trading volume was marked by a crossover of long and short positions.

Overall, there has been high-frequency fluctuation in the range of 93000-94000, and the overall volatility has already allowed for a wide range, but in reality, it has not moved, indicating that it is not yet the time for a significant directional change. We consider this wave as a wide-range fluctuation. Currently, there are very few structures with a width exceeding three thousand seven points, but that does not mean there won't be any, as there have been instances of wide fluctuations of six thousand points in a single day. This time, we will not elaborate too much on the direction.

As for the second item, it is largely similar, with current focus on the range around 3350 and 3430.

Pay attention to the upper range of 95200-96400-97200
Pay attention to the lower range of 92800-91600-87000

At the time of this message, the price has already moved from the range of 93400 to 92800, and the market moves faster during working days.