Current market analysis has just been released.

1. Short-term resistance: 1600-1630

2. Reversal watershed: 1655-1698

3. Strong “trap-and-hold” zone: 1740-1770

Support

1. Intraday strength: 1610-1615

2. Dense absorption: 1550-1560

3. Phase lifeline: 1500-1505
If it breaks down, look to the 1400 range.

The daily chart is mainly bearish; the rebound has no meaningful volume. The market is extremely fearful, with ETFs continuing to flow out. Only a technical small bounce exists, with no reversal signals.

1. Follow-the-trend short (priority)
Rebound faces pressure at 1600-1630 to open a short
Stop loss: above 1640
Target 1: 1560; Target 2: 1500 (hold if it breaks)

2. Oversold short-term long (speculative; strictly no heavy position)
From 1500-1540 stabilizing and a stop-loss-forming candlestick, go long with a light position
Stop loss: below 1495
Take profit: exit near 1610

Without volume confirming a firm hold above 1700, do not heavy-position “bottom-fishing.” If 1500 is lost, do not blindly go long.