Recently, the market has fallen into a stalemate, and the tug-of-war between bulls and bears is becoming more intense. The key level is 92K — it has become the critical line for whether the bulls can continue to break through. If it falls below this point, it could be an accelerating signal for a short position; conversely, holding steady at 92K is the only chance to push towards higher targets. Now, it all depends on who has more chips and who has a firmer resolve. The outcome of this positional contest directly determines the future market trend.