From the current trend, there will be significant resistance at the 737 position.

This round's previous high position has been rejected twice in the attempt to break through.

The highest point before the major correction of the first wave of the bullish divergence in the previous round is also 737 today.

Moreover, if it is expected to form a bearish divergence, the correction of the 3-day line should actually be very close to appearing in terms of time.

All three factors point to 737, and it is very likely that there will be a significant rejection at 737, followed by a severe shakeout, potentially dropping directly to around 63k.

Of course, if it successfully breaks through 737, it will be as if nothing happened. The bullish structure is currently intact, and it is advisable to continue holding.

Be cautious of the rejection near 737; do not add too much bullish leverage close to the previous high. Survive the spot trading and only continue to be bullish after a successful breakout.

The rejection at the high point formed at 1030, will it evolve into the potential starting point of this shakeout? Currently, there is no way to confirm.