7300 points major retracement, have the bears already been released?

Last night’s epic crash retracement indeed made the bears cheer, as those blindly chasing long positions are at least temporarily trapped and feeling uncomfortable, and as for those at the top, they have already been liquidated!

During the day, look for a rebound, mainly aiming for low long positions. The current price is around 94400, with retracements at 93800 and 93000 for longs, targeting 95800 and 96600. Tonight, we will focus on whether the resistance at 96000 and 97000 can be suddenly overcome, which will determine if we can take high short positions.

Auntie retracement at 3400 and 3350 for longs again, targeting 3500 and 3550 here. For high shorts, we need to wait to test the resistance at the 3550 area before considering entry!