My position opening price is above 111000, and I will hold firmly. I won't take a profit of a few hundred points. However, some friends missed out, so here's a short-term analysis for you.

Tonight's trend: Short-term fluctuations leaning bearish, expecting the price to test the lower support (106000–107000) before rebounding. It is recommended to focus on a 'sell high, buy low' range fluctuation strategy, controlling positions and waiting for a directional breakthrough.

Buying and selling power comparison: Bulls are passively absorbing, while bears are actively pushing down.

Buy orders are densely placed but show a slightly sparse distribution, concentrated in the lower defensive zone (106800–107400), indicating wide support but weak rebound.

Selling pressure is significantly accumulating:

Sell orders from 108000 to 108700 are gradually increasing, forming a clear resistance zone above.

If it cannot quickly rise and break above 108500, a strong rebound in the short term is unlikely.

107400–107700 is also the main competition area tonight.

Today's decline: -2.09%, bears dominate the intraday trend.

The rise over 7 days to 90 days is notable (2.37% to 23.13%), indicating that the overall trend is still bullish.

Currently, it is a pullback phase of the previous rise, and a trend reversal has not yet formed.

Operational suggestions (tonight to tomorrow):

Low buy strategy (rebound speculation):

Support range: 106800 – 107200

You can wait for the price to test this range (especially below 107000) before going long.

Stop loss suggestion set below 106500.

Short-term target: 107800 – 108200

High sell strategy (trend-following bearish):

Resistance range: 108200 – 108700

If the price approaches this range and shows signs of stagnation or a rise followed by a fall, you may try a short position.

Stop loss suggestion set above 108800.