In the major trend, the bullish trend is still present, with long-term moving averages and candlestick patterns providing support below. However, the price's shift in focus downward due to short-term breakouts limits the potential height of price rebounds.

In the short cycle, there is a bottoming structure, but the main moving average system is arranged bearishly. When these two situations meet, it results in a mixed structure of bulls and bears, at most predicting a low-level oscillating trend. Opportunities to go long arise when the price retraces to previous lows, while opportunities to go short are best waited for until new highs are refreshed.

Short-term support at 113333~112820 (look long to go short, slow decline and fast entry and exit), short-term resistance at 115720~116730, second support at 110833~109305 (a decline greater than 4% can be used for another independent trade, roughly referencing 105540~103630).

Note: Currently, no breakout points are being made. Such opportunities in the current structure require at least closing above the daily 30.