5.22

Current price 77,600, rebound after four hours of stopping the decline, intense battle between bulls and bears, the overall bearish trend remains unchanged, the rise is only a weak rebound

Market outlook

1. After surging near 78,500 and then pulling back, there is a high probability of accelerating downward break below 76,000
2. Direct decline to 76,700, with a slight rebound to 77,300 before starting to fall

Daily trend

The bear market structure remains unchanged, as long as the daily closes above 90,400 and trading volume continues to increase, it can be considered the start of a bull market

Trading points

- Shorting range: 77,600-78,600, build positions in batches when reached, wait and see if not
- Take profit reference: around 75,600, can exit in batches
- Grid parameters: range 75,800-78,700, set 4-8 grids

Core idea

Until a trend reversal signal appears, all upward movements are considered rebounds, prioritizing a high shorting approach