2.18 Afternoon Market
This morning, we mentioned that the market was experiencing fluctuations and consolidations, with insufficient liquidity and a lack of volume support, making it difficult to achieve significant volatility. The overall trend aligns with our previous expectations of a downward exit. From the current market situation, bulls have repeatedly attempted to break upwards, but with little success; the highs are gradually decreasing, indicating a clear lack of momentum. Prolonged stagnation usually leads to a decline, and the current price is still in a tight range, with the target in sight.
Key focus on the densely packed liquidation zone around 94610 to 96600. Between these points, we maintain the morning's strategy, primarily focusing on rebound strategies.
For rebounds near 97300-96800, we aim for a target around 95500 to 95000.
For rebounds near 2750-2720, we aim for a target around 2660 to 2630.
