August 28 morning market view
1. Big Bread, expected to rebound in shock, range 58500-60500;
2. Second Bread, expected to rebound in shock, range 2410-2520;
Possible reasons for the sharp drop in the early morning:
1. The market digested Powell's speech last Friday, and there was no strong positive news, so it fell back to the original range
2. The news that 30,000 big breads were transferred to the exchange last night (potential selling pressure of 1.8 billion US dollars) affected market sentiment