As the market has reached this point, a K-line 'head and shoulders' pattern has formed, with the shoulders supported by the 6-hour EMA dual track. This point also serves as the MA60 support point on the daily chart.

From a timing perspective, the volume (vol) on the 1-hour chart has shown increasing bullishness. Therefore, the Bollinger Bands (Boll) that have been pressuring the market's pullback are likely to be broken. The key point to break is 106200; if successful, the market has a chance to rebound rather than being suppressed by the Bollinger middle track, which would lead to a false breakout.

Currently, both the 4-hour and 6-hour charts have shown signs of bearish submissions and a multiplicative submission phenomenon. Therefore, while bullish energy is emerging, a market pullback is inevitable; however, it depends on the strength of this bullish energy. The 4-hour chart indicates a potential increase in bullishness.

In combined analysis: If it breaks and holds above 106200, the market will continue to rise. If it keeps fluctuating around 106200, it could easily lead to excessive release of bullish energy, ultimately resulting in a decline (consolidation instead of an increase).

From the daily chart perspective: there is a chance for a bullish reversal at this position, as MACD has declined significantly without forming a death cross, and KDJ is already at 45. Coupled with the continuous release of bearish energy over the last two days, the market is supported at MA60, which means the Bollinger middle track is causing a pullback.

On the 12-hour chart, there have been five consecutive releases of bearish energy, with the last two showing multiplicative increases. KDJ has hit the bottom, and MACD has formed a zero above the death cross. The 12-hour chart can definitely lead to a pullback that drives the daily chart bullish. However, this depends on whether the current market at 1-4-6 hours can successfully break above 106200.

Summary: The market's 'head and shoulders' pattern has its shoulders supported by the 6-hour EMA dual track, but the K-line's shoulder is at 102500. Combining the daily and 12-hour charts, the market is essentially forming a reversal momentum between 105000 and 102500.

Next, pay attention to the 106200 point. Strong support becoming strong resistance upon breaking; as long as the upward movement successfully breaks this point, the market will have a stepping stone for a pullback. Then, 102500 will not be seen, and 105000 will be the lowest point in this wave, looking up to 107500 and 108700!

If 106200 cannot be broken, then it will fall further, looking at 103300 and 102500.

Suggestion: Keep a close eye on the 15-minute and 30-minute charts, the EMA dual track pressure positions, the volume situation, and the KDJ MACD positions. If the 30-minute MACD breaks above zero, the market will definitely break 106200, making the bullish outlook highly promising!