Saturday: After a high surge, a pullback awaits further exploration; be cautious in chasing long positions during the adjustment phase.

Having confidence doesn’t guarantee victory, but lacking confidence will certainly lead to defeat. Confidence is a potential, and also a charm. Optimism is an attitude that can elevate you to greater heights.

Yesterday's market still didn’t break the high. After encountering resistance at the peak, it pulled back. Although there was some recovery later, it still couldn’t withstand the continued decline at midnight. The overnight market also reached the 107500 area as expected, with a precise 2000-point range.

From a technical structure perspective, as we reach the weekend, after a tug-of-war of surges and plummets, the market has now entered an adjustment phase. The short cycle hasn’t flowed downward smoothly, showing some recovery but the bearish volume remains in a structured release. The moving averages are insufficiently rising, and the increase is clearly just a repair, with further demand exploration expected.

In the short term, after a price drop and a recovery under pressure, the second round of probing has led to a repair phase. Currently, a wide-ranging consolidation is forming in the short term, with the repair showing a continuation state but no signs of a breakout to the upside.

In the afternoon, our strategy is to first go long at lower levels for repair, and short only if the highs do not break:

In terms of operations, I personally suggest going long in the 107600-108000 area, looking for 109000-109500.