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In the past few days, the Fibonacci line shows that there is resistance above the big pie at around 110238, 112017, 113052, and support below at around 1108, 1157. In the early morning, the market drop broke below 1109, approaching the 1108 support. If a new low is reached again, the downward channel is likely to be fully opened.
Above Yitai, there is resistance around 4557, 4633. If it breaks through 4462 during the day and holds steady at the hourly level, it indicates that the rebound strength is quite strong, with a possibility of approaching 4600.
