Monday: High Jump from a High Position, Bears Erupting Fiercely

There is no life that is trapped in a deadlock, only a mindset that is trapped in one. Turning a crisis into an opportunity is the mark of a wise person, while transforming a crisis into a disaster and then becoming listless is the mark of a true failure. Continuously correcting and summarizing, not fearing difficulties, and confronting challenges head-on are the ways to ultimately reach the peak of life.

Last week's market can be said to have been on a high note, giving the illusion that a bull market has opened again. In reality, there is no such thing as a mad bull, and it won't easily turn bearish. Currently, the market has once again experienced a waterfall decline, the rhythm has weakened, and flexible trading is not about being a fence-sitter but about acting in accordance with the trend.

From a technical structure perspective, at the four-hour level, the price has entered the overbought area and jumped directly from a high position, hitting the lower track. It currently shows recovery, but the arrangement of bearish volume has been released, and the moving averages have clearly turned. The short-term patterns are weakening, and in the short term, there have been consecutive downward candles, with bearish volume showing entity arrangements. The recovery has not reversed, but is brewing further downward movement.

Today's strategy is to maintain a primary focus on short positions:

In terms of operations, I personally suggest a short position in the 102000-102500 range, targeting 100500-99500, with a swing target of 98000-95000.