Complete breakdown of current market conditions from the moving average structure. In the previous round of movement, the short-term MA5 and MA10 both turned downward simultaneously. After continuous decline, the current price has significantly deviated from the short-term moving average range, creating a huge spread between them and resulting in an extremely high negative divergence value.

From a purely technical logic perspective, such a large negative divergence cannot be sustained for long. The market has its own correction mechanism, and a forced divergence correction rebound will inevitably occur to bring the price closer to the moving averages.

Extending the perspective to the medium-to-long-term cycle, the slope of the downward moving average that has been suppressing the market is continuously slowing and flattening. The downward momentum is steadily weakening. The market currently lacks the force to launch a new round of deep decline. In the short term, the priority is to look for a correction rebound; for the long term, there is no need to panic excessively over sustained one-sided decline.

Trading suggestion: Go long near 58300-57800, target 61000-61600 area, break above 62500 and 64000. Set stop-loss based on your own position.
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