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July 20 evening
Doutou momentum has fully decayed: after touching the 65088 pressure zone, it lacked the strength to continue rising. A large amount of profit-taking chips concentrated and exited the market. Consecutive large bearish K-lines broke through the doutou short-term support. The previous upward structure was completely destroyed, and the short-term trend has switched to being dominated by Kongtou.
Weak low-level support: after testing the 63722.6 trough, the rebound entity is narrow. Each round of small rebounds is accompanied by heavy selling pressure surging out. This is a weak repair during a descending phase, with no reversal signals. Overall, it remains in a choppy falling-range pattern.
Recommendation
Place Kongtou near 64500-65000
Target 63000-63700
Place Kongtou near 1880-1900
Target 1800-1840