The adjustments during this period seem to be brewing a significant one-sided move. Is it a 10,000-point waterfall, or a return to 110,000? Let's analyze this rationally.

First of all, if the price wants to continue rising, it must break and stabilize above 10.68-10.7 again. This level was tested once on Tuesday, but after the test, it faced resistance and fell back. I also indicated a short position at this level twice in the short term.

To the downside, the space is much larger than to the upside, especially if the daily line breaks below 100,000, the lower level could even reach the previous conversion point of 9.2.

Combining the analysis, how should we operate in the larger direction?

First, if the rebound at 10.68-10.7 does not break, we can continue to short;

Second, if it breaks below 10.2 and 100,000, we can continuously pursue short positions;

Third, if it goes upwards, we must wait for the daily line to stabilize above 10.7, and only after it stabilizes should we pursue long positions.