April 2 Market Brief Analysis

I. Long-term Strategy

The overall market is gradually trending upward, with very little room for a sharp decline. Avoid chasing shorts to prevent getting trapped.

1. Stand firm at 69,500 before entering long positions;
2. If it drops to around 65,000, try a small long position;
3. 69,500 is the key dividing line between bullish and bearish.

II. Short-term Strategy

Currently, the market is in a range-bound oscillation. Manage your positions carefully, stick to strict stop-losses, and avoid reckless trading:

- Conventional trading range: 67,600–69,500
- Break above 69,500, look for bullish targets up to 70,600;
- Break below 67,600, support levels are at 66,000;
Trade within these three ranges as appropriate.

III. Important Reminders

1. Only place orders at key support/resistance levels; do not chase or hold through losses;
2. Market volatility is high, so set proper stop-losses and be flexible with take-profit points;
3. This is for reference only; market conditions are time-sensitive.

Quick key levels:
Support: 66,000, 67,600
Resistance: 69,500, 70,600