In the morning, the market is consolidating with a narrow range and undergoing tight fluctuations. Bulls and bears are temporarily balanced, volatility keeps contracting. Overall, it’s a buildup within an uptrend—bulls are quietly amassing strength, and the next round of upside breakout is drawing closer.

After the “big pie” surged and then pulled back to the 77,500 level, bearish momentum quickly fizzled out, making it difficult for a deep-dip scenario to continue. At the 4-hour level, price is ranging and consolidating at high levels. The Bollinger Bands have tightened and flattened; there’s no breakdown or downside signal. Downside room is completely constrained—this is clearly an upside continuation correction pattern.

On the technical side, the MACD death cross continues to show contraction in momentum and volume, while bearish selling pressure keeps weakening. The KDJ has entered deep oversold territory. The 77,500 support is repeatedly tested and confirmed, and bullish follow-through is strong. The rebound and repair can begin at any moment.

Trading reference
Pull back to 76,000–76,500 for phased low-buy positions
Upper targets: 78,200–78,600

When the market is oscillating, it’s building up fuel. Stay patient and hold your low-level positions, then quietly wait for the market to surge higher and hit with strength!