Today, after rebounding to the 148 resistance level, it fell back, indicating the strong effectiveness of this resistance. If it cannot stabilize above 148 at the daily level, the short-term downtrend will continue; if it effectively breaks through and stabilizes at 148, the market is expected to turn bullish.

Short position near 148, defend at 152, target 140, 135.

Long position stabilizing between 135-125, defend at 122, target 140, 148.