The decline will probably fall to around 62700 at most, and the lowest will reach 62800, which is already a must-reach position. I have shared before that the must-reach position is 62100, but because 62100 is calculated based on 65700, and our actual new high price overflows to 66450, the must-reach point has also moved up, so 62800 is already a must-reach position, and there is demand, so we need to consider rebounding here.
Now there is no rule based on external intervention, so there will be a strong time for rebounding.
Conditional change points:
October 2nd 23:00 strong time, can reach 65200-65555, or even a new high (the probability is not high).
October 4th 16:00 normal time, if there is no strong rise, it will turn to fall at this time at the latest.
These two times are not obvious highs and lows, but it can be the time to form a turning point, so what needs to be considered is the strength of the rebound. If the rebound strength is poor, it will be worn out by time and then turn to fall again. The time of October 4th seems to be contradictory in terms of high and low points, because the daily low point is also on October 4th. If it is a high point, then the daily low point will be delayed, and the low point will be established from October 14th to 21st.
So when rebounding, you can pay attention to whether there will be a rebound opportunity. The fastest is to form a high point turn to fall near the strong time, and the slowest is to wait until October 4th. Secondly, because the price may not stop falling, there will be some adjustments if there is a new low in the future, but the general idea is this.
Be careful to carry orders, heavy positions, remember to bring stop losses, and split positions.
