As shown in the four-hour chart, the market has broken below the 103000 level and is supported at the 100000 level, but it is clearly not a bottom position. The market will continue to decline; it has already broken below the upward channel, so we can start to reverse and make a move. For the bottom, we can see on the daily Fibonacci that the 97200-97400 level is a resistance zone, which also corresponds to the daily MA60 moving average position. The daily chart has started to show a significant bearish candlestick, and today we look for a rebound around the large position below to see if it breaks the bottom. The range is 102800-103400 below, looking down to 101000-100000-98600, 97400-97200, while looking up at 98800-100400-101300.