Wave Theory Interpretation:
Currently, the blue upward structure is operating in the third segment, and the 96188 line is approaching; achieving this position itself meets expectations. However, from the perspective of the completeness of wave theory and subsequent trend judgments, merely reaching 96188 is far from sufficient; the real key lies in whether it can further break through the structural high point of 99064. Only by completing an effective breakthrough of 99064 can it be confirmed that 74508 is the endpoint of the large-scale downward wave. Even if a pullback occurs in the future, it will not break 74508 again, but will instead initiate a larger upward wave, heading towards the ultimate target new high of 125367. If the attempt to impact 99064 fails, the existing blue third segment upward movement will be regarded as a rebound nature, and the risk of retesting 74508 or even breaking below it remains unresolved. Therefore, 99064 is not only the critical point distinguishing the rebound from the main upward wave but also the core juncture where the direction of wave cycle evolution undergoes a qualitative change.