The market has entered a relatively difficult period, and many people are starting to question whether the bull market has ended. I want to make it clear that the bull market has not ended; this round of the bull market will only conclude in November of this year, after 2-3 interest rate cuts take effect. The monthly trend remains very healthy, and even the hidden upward momentum is showing signs of strengthening. Although the daily chart's consolidation is difficult, it can accumulate positions and build a base, which is beneficial for future strength. After this round of consolidation and base building, the next unilateral upward trend will begin. For now, there's no need to take small long positions; focus mainly on short positions, with some auxiliary long positions. Long positions should only be entered when waiting for bottom-fishing opportunities, like the 89200 bottoming point I provided yesterday.
Last night, we just saw a spike, and today we will repair some minor indicators. Continue to short towards the 9.5-9.6w range; having an average price advantage makes it easier to take profits.
Typically, after a spike, the trend is to pull back upwards. However, the 3-day MACD shows a bearish trend, with strong resistance. The weekly chart shows a potential death cross trend (there's a possibility of a pullback near 82000, but this should not be used as a target for short positions; rather, it should be viewed as a mid-term bottom-fishing target). Wait for the larger indicators to stabilize before making a move; maintaining a lower long position is generally safer.
Hang in there! Keep moving forward; ahead lies a vast sky.