In terms of short- and medium-term trends, after the market was blocked at 31,000 in April, it fluctuated and corrected for nearly seven weeks. After being blocked at 28447/28500 last Monday, the callback intensified. The overnight market was sued by the SEC and BN was negative. The short-term support of 25800 has been broken. The callback is still continuing. The platform support of 25250 below is difficult to guarantee. Lower support refers to 24000; 24000--23000 range. Since the beginning of last week, the market's callback has intensified, and at the same time, the market's highly leveraged long positions have been liquidated. After the liquidation is completed, the callback will almost be over. When it’s time to buy the bottom, you should still buy the bottom. After all, the further time goes by, the more favorable it will be for bulls as the market will speculate on expectations of a U.S. dollar interest rate cut at the end of the year and a halving after the year.