Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
More
The adjustment is still ongoing, but the room for further decline is really limited.
Last week, after the market surged, it pulled back again. The issues lie in two areas—one is some artificial factors at play, and the other is that the technical aspect itself needs a rest. The underlying logic is to guide the market toward a "steady rise" rather than a frantic surge; we can only follow the rhythm.
From a weekly chart perspective, the bullish pattern is still intact, and the moving average alignment remains bullish. The weekly K-line just retested the breakout level; as long as it holds above 4034, there’s no problem. The upward-shifting 5-week moving average next week will provide short-term support.
At the daily level, the correction starting from 4190 has already formed a small to medium-term intraday central pivot. If the index probes lower to new lows, as long as there are no signs of accelerated decline, it will be a standard abc correction structure; if the c wave is weaker than the a wave, the conditions for a rebound will emerge.
Therefore, even if the index tests lower next week, there’s no need to panic. As long as the downward momentum hasn’t intensified, it’s possible to consider buying on dips. However, there is also a stronger scenario: if the index breaks above and stabilizes above the 5-day moving average, it could attempt to retest the previous high at 4190. Both situations require pre-planning responses.
On the sector side, last week’s AI applications and commercial aerospace sectors continued to cool down due to "artificial cooling." Next week, a technical rebound is highly likely. But note that such rebounds after breaking intraday lows often confirm the trend; whether the correction has truly ended depends on how the neckline pressure performs. The operational principle is simple—favor the strong over the weak, prioritizing targets with strong resilience and no technical breakdowns.
From a longer-term perspective, the stories of AI applications and commercial aerospace are far from over; 2026 will still be a key focus for the market. The valuation and investment potential in semiconductors and related sub-sectors are also very clear.
There's no room to go lower, right? Then let's see if 4190 can push for another round. In my opinion, this wave of adjustment is just building a bottom. Don't rush to get in.
AI and aerospace are cooling off about the same. A rebound is likely next week, but don't be fooled. Such sectors' rebounds might be the final confirmation, so keep a close eye on the neckline.
In the long term, 2026 still has potential. I've always been optimistic about semiconductors; the value of allocation is right there.
If 4034 can't hold, then it's really a mess. The weekly bullish pattern shouldn't be broken.
If the decline doesn't amplify, you can buy in; simple and straightforward, that's it.
The rebound in AI is a confirmation; it depends on how the neckline looks. There's nothing to say about going weak and staying strong.
If it can't break above the 5-day moving average, just keep waiting. We should follow this rhythm.
Artificial cooling still needs to be observed; the real story will be exciting only at 2026.