Yesterday morning, we clearly saw support around the 74,000 level, so we judged that the market had the conditions for a rebound, with an expected range of 75,500–76,000. In the actual movement, the bulls continued slightly, gaining about 500 points, which is a normal fluctuation; if we look at the candlestick structure, the deviation is controlled within 300 points, which is actually not a big deal.

I have repeatedly emphasized the key level of 75,800, whose importance is self-evident—whether it can hold steady directly determines the switch between bullish and bearish momentum in the subsequent trend. From the current market situation, it has actually already broken down effectively, but the shakeout strength is quite large, still creating a false impression of an upward surge, interfering with judgment.

Currently, after 8 a.m., the quote is around 76,100. The idea at this position is very clear: mainly short positions, participating in trend-following.