March 19, Wednesday Afternoon Thoughts:

The big pie (Bitcoin) rose south to around 832 in the morning and then fluctuated and retraced. The 4-hour structure shows three consecutive bullish candles. Currently, we are just observing the retracement situation. The strength of the market is not sufficient. Afternoon suggestions:

Big pie retracement: around 82700-82200.

Target: around 83800-84600.

Second pie retracement: around 1910-1880.

Target: around 1960-1990.

The reporter learned that in order to carry out the evaluation of member clients' trading behavior management for the year 2024, the Trading Supervision Department of the Shanghai Stock Exchange has drafted the '2024 Member Client Trading Behavior Management Evaluation Plan (Draft for Comments)' and is currently soliciting opinions from member units. Compared to previous years, this evaluation plan continues the existing evaluation framework while increasing the weight of program trading supervision in the assessment. The weight of the related obligations performance has been raised from 5% last year to 10%. The evaluation plan continues the 'reward the excellent, punish the poor' mechanism, with a full score of 100 points, plus additional scoring items. Members who actively provide feedback on customer management situations that contribute to improving trading supervision effectiveness may receive additional points at discretion. The final evaluation results will be classified and communicated to members according to star ratings but will clearly not serve as the basis for regulatory measures.