The nighttime market performance was a bit disappointing. It surged to 4480 but lost momentum, then retreated to around 4450. As the market approached closing time, there was a reluctant rebound, closing at 4479.

This wave of adjustment doesn't really need to be overly worried about; it's not a trend reversal. Essentially, it's just that the funding chain is tightening before Christmas, and everyone is reluctant to hold positions over the holiday, so the high-level sentiment is being relieved in advance. 4480 has become the dividing line between bulls and bears.

At the 4450 level, the buying pressure from the bulls is quite evident, while the bears are mainly venting in the short term, with limited destructive power. The rebound before the market closes, frankly, is just a temporary agreement between bulls and bears.

The plan for the opening is to be more aggressive: as long as the price stays above the 4460-4470 zone, any downward probe can be seen as a shakeout, and intraday, there is an opportunity to participate in the sentiment recovery rebound. As long as the support level at 4450 is not effectively broken, there is still room for a 30-40 point rebound, with targets in the 4490-4510 range.