It’s getting close to the end, and I can only say that today’s wave to 69,500 is just right.

Review and pay attention to the positions of the two previous pins.

Last week, the first pin at 68,000 and the pin at 69,000, both of which rose and fell, and then broke through about 500 points, and then began to fall back, obviously rushing to sweep short-term short orders. The long-term short trend has almost no effect on this short-term high. (As mentioned in the previous article, whether 69,000 is broken through or not is no longer important, and the pin is bound to appear)

During the period when the market is bullish, the market is indeed rising, but if you observe carefully or have actual operations, you will obviously feel that there is no room for long orders to enter the market. From last week to now, no matter it is rushing to 68,000 or 69,000, no effective support point has been formed in the decline stage. Long orders cannot be entered, and chasing longs will result in an immediate decline, and the decline is more than 1,000 points. What do you think is going on? Therefore, for the bullish retail investors, they are now holding their breath, trying to find a position to get on the train.

Looking at today’s four-hour chart, it is obvious that the previously formed box oscillation top of 68,000 has become the current support position for the retracement. A reasonable long position that cannot be refused.

From this point, it is easy to infer that the market will fall to 68,000 tonight.

The key point is to see whether 68000 will go sideways or rebound immediately.

If the price is sideways at 68,000, a waterfall decline is about to begin.

If it rebounds immediately to 68,000, that would be the last time to disgust the short-term, and then rush to the previous high (it doesn’t matter whether it breaks the previous high or not) and then reverse and fall without any warning.

Intraday short-term: go long near 68,000, with a stop loss of 200-300 points. If there is no upward acceleration within two hours, close the long order and do not lose money. If it goes up, take profit in the 69,000-69,500 area.

Long term: Either wait for it to fall back to 69,000 after a surge and then go short, or wait for it to go sideways and break through 68,000 and then go short.

At present, Hunter’s own customers are all concentrated in the trend short orders of 68500-68000. I emphasize again that I am not using this article to please anyone, but just treating it as my own trading diary.

During the decline, please remember the two strong rebound points. The first one is a strong rebound from 63500 to 63200, which is around 65000. The second one is a strong rebound from 58000, which is around 60000. Note that these two strong rebounds are just adjustments during the decline and do not change the downward trend. The final goal is still 53000-50000, and the ultimate is to fall below 48000. Only below 48000 will I enter the bottom-picking argumentation stage. Why am I so optimistic about this wave of decline, or why hunters do not consider that now is the beginning of a bull market. I have said it too many times before, whether it is the U.S. stock market, the general election, interest rate cuts, Sino-US capital game, geopolitical factors, ETFs, BlackRock, Grayscale, bull-bear cycles, institutions, main players, and retail investors, I have already interpreted and perfected them. The argumentation has completed the closed loop. If I don’t execute it, is it fun to argue?