I have been busy with personal matters in recent days, so I really don't have time to rush out the analysis. Please forgive me. I also wrote this in the previous analysis. But the current market is indeed very critical, and some people have been asking about it privately, so I will just say a few words.

1. I still hold my long-term short position with an average price of 100,700. Didn't I close 1/3 of it at 79,000 before? The closed position will be taken back at 89,000, and the average price will probably be lower by then.

2. The daily level rise from 76,500 is almost over. Generally speaking, the current trend is still in line with expectations. Then, according to the analysis last week, the daily level rise will stop at 89,000-90,000 if we are pessimistic, and at 92,500-93,000 if we are optimistic. Do not change your view and slowly increase your short position. Don't rush.

3. After this daily rise, the next daily decline will stop at 56000-61500, and then the weekly decline from 110000 will end, or the first stage of the bear market will be over.

4. Be patient, control your position, and don't rush.