The daily market experienced violent fluctuations. The "yellow hair" once again transformed into a top trader, crushing the short-side brothers' celebration and delivering a heavy blow. The market saw a volatility range of nearly 6000 points throughout the day. The price first slowly fell from 63900 to the 62800 range, then the short side aggressively sold off, dropping to the support level of 61300. After a brief period of stabilization and consolidation, the long side launched a strong counterattack, rallying to the upper Bollinger Band resistance at 64709 in the early morning. Under pressure, it then fell back into consolidation.

From the short-term technical chart indicator perspective, the current lower band is turning downward, the channel is narrowing, short-term bullish momentum is exhausted, replicating yesterday's cycle of a rally followed by a pullback.

The MACD red bars are continuously shortening, and the DIF is turning towards the DEA, indicating that the bullish momentum is gradually declining.

Today's core strategy is to go short at highs. The key resistance range is 64300-64700. When hit, directly set up short positions. The first target is the middle band support at 63000. If it breaks below, go with the trend to 62700; if the short-term pullback to the 62600 support stabilizes, you can take a light short-term position to bet on a bounce.