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Recently, an interesting phenomenon has been observed—many big players are bottom-fishing and opening long positions at low levels, indicating they still have expectations for the future market. My short position at 96 that I previously held is now a bit tight, so I might need to close it first to avoid getting caught.
Over the past few weekends, the bulls have continued to exert effort, and those chasing short positions have been coming in one after another, indeed suppressing the rebound space. However, in this situation, I am a bit cautious; there is a high chance that Monday will see a pump—there is quite a divergence between bulls and bears at this level. Once the bulls gain momentum, the short-term rebound could be stronger than expected.
Overall, at this stage, it’s important to pay attention to the movements of the bulls, especially the pace of big players building positions. If there is a pump on Monday, those who previously chased short positions might be at a disadvantage.