Morning Analysis

This morning, the market quickly surged to around 97500, with significant fluctuations in market sentiment. Be cautious of potential pullbacks after peaks, and avoid blindly chasing long positions.

The overnight market continued its strong upward trend, with current bullish momentum dominating. However, it is necessary to watch for overbought signals. The morning trading strategy suggests adopting a buy low, sell high approach, prioritizing opportunities for pullbacks at high levels. From the daily chart perspective, consecutive small bullish candles have effectively stabilized at the mid-term support level, indicating strong buying interest below. The 4-hour Bollinger Bands are continuously narrowing; if the price fails to break through the upper band resistance, the intraday trend may shift to range-bound fluctuations. The morning strategy recommends focusing on short positions while considering long positions at lower levels.

Trading Suggestions

Short in the 97500-98000 range, targeting 96000-95000.