Last night, after the US stock market opened, there was a slight drop, and the subsequent price increase does not mean that market sentiment is brewing. I believe the bulls are waiting for a breakthrough of the resistance at 963 to test the previous high of 978. In this market situation, I believe the bears are also starting to feel anxious. Let's give the bears a shot of adrenaline. The Asian market is closed on Monday, and today's contest will directly determine the direction for this month. The main players are also in a panic. Some institutional hedging operations have led to a slow price increase. However, what is emphasized is that this hedging strategy is not suitable for major power games; ultimately, the liquidity we fight for is just the restricted margin of mutual competition among market makers. The larger the contested range, the more extreme the possibilities in the future market. The pressure is on, and the outlook is bearish. The target remains unchanged. Bears hold steady; today's sell-off will inevitably evaporate a significant amount of bullish positions.