Currently, the technical analysis of the market trend over the past 4 hours shows that the upward momentum is gradually weakening. Looking at the MACD indicator, its red and green bars are getting shorter, indicating that the buying power trying to push the price up is insufficient, and the upward momentum is gradually weakening. Next, looking at the KDJ indicator, it has already reached the overbought zone, and the values have been oscillating repeatedly, showing signs of fatigue. This indicates that in the short term, the selling power trying to push the price down is continuously accumulating, and the market is likely to experience significant corrective pressure.

The morning trading strategy is to short at 109600-110100, targeting 107600.