5.02 Market Rhythm Review

Today's trend perfectly followed the commonly discussed three-stage structure:

1. Bottoming and Rebound: The early session retraced to around 77,715, quickly stabilized, completing a short-term panic shakeout;

2. Swing Rise: Subsequently, the bulls gained momentum, pushing up to the intraday high of 78,888, with the highest reaching near 78,888, completing the recovery from low to high;

3. High-Level Consolidation: Currently, the price is trading within a narrow range above 78,000, with bulls and bears repeatedly tugging in the key zone, and bullish momentum continues to build during the consolidation, maintaining an overall bullish structure.

The current price is 78,087.8, up slightly by 0.86% intraday, but there is a small net outflow of funds, indicating that bullish and bearish disagreements are widening at this critical point. The upcoming breakout of this range will be the key factor in determining the short-term direction.