8.25 Evening Update:
The current market continues to face selling pressure, constantly testing the key support below.
From the candlestick patterns, although the bears have a clear advantage, the bulls are still defending at critical price levels. However, the strength of the bulls' counterattack is weak, and several tentative rebounds have failed to break through the intraday moving average pressure.
Market sentiment may be influenced by the opening of the US stock market, so it is advised to focus on the strength of support below, and then adjust strategies according to the movements of the US stock market.
111620～112000 Short, target focus on 109500
