From the current overall market structure, the trend has always been steadily moving within an upward channel. Even though there were multiple rapid dips and pullbacks during the midnight and midday sessions, the bearish downward momentum has always been insufficient, and the decline lacked continuity, failing to produce an effective breakdown signal; the market quickly stabilized and recovered, closing with a strong bullish candlestick, returning to the upward rhythm.

This round of repeated bottom testing has effectively tested and solidified the support at lower levels. Even with the pullback adjustments caused by external market linkages, the overall bullish trend has not been broken, and the medium-term bullish pattern remains intact. Currently, the bullish volume continues to be released, market bullish sentiment keeps rising, and the short-term trend is gathering strength. The wave structure maintains a oscillating upward trend, with the market highs steadily rising, Bollinger Bands expanding in sync, and the bullish trend continuously strengthening. The subsequent trend is expected to push upward toward the key target level of 79,000.