After the formation of the triple bottom structure, the first round of rebound was completed as expected and effectively broke through the original descending trend line in the 760,900 range. It has currently reached the key resistance near 96700, with signs of volume divergence appearing at the pivot level, which requires vigilance against short-term false breakout risks. If it quickly stabilizes and rebounds after testing the 84500 support, it would confirm an upward continuation pattern, with further potential to attack the 100,000 target range. If it further declines to the support around 820 before rebounding, it would be considered a pullback confirmation after a breakdown, and the market may continue to explore new lows. It has currently run to a key resistance area, and it is not advisable to chase higher in the short term, so be wary of false breakouts. If there is a rebound after testing the area near 84500, it can be seen as a second entry opportunity; if it breaks below 820, the trend will weaken, and further downside risk should be guarded against. Market sentiment has shifted from extreme pessimism to optimism, and it is necessary to be cautious of the main forces taking the opportunity to sell, waiting for confirmation of a second round of downward signals. Zihao's simple view is that this round of rebound is in line with expectations, but there is a peak risk near 96700, so it is essential to pay close attention to the performance of the 845 and 820 support zones to determine the direction of the market.