The recent half-month market trend has basically met expectations. Whether it’s short-term or swing trading, the pace of price movements has not shown any particularly unexpected situations. At key levels, in the upward range, and at important turning points, there have been relatively clear judgment bases in advance.

The current trading strategy is gradually adjusting its direction. As previously mentioned yesterday, the focus will shift to a bearish layout, especially paying attention to medium- and long-term opportunities. Although there is still a possibility of further upward push in the short term, the overall direction judgment remains unchanged.

Right now, the most critical level to watch is the key defense line at 94,000 below.

Yesterday, the price once touched around 94,300 downward, then rebounded nearly 1,000 points. This market movement was forecasted two days ago. At that time, it was clearly stated that high levels should not be rushed into; waiting for the price to pull back is the better opportunity for long positions. The price was around 97,000 then, and the judgment was to first undergo a correction, focusing on the horizontal support below. As a result, the market basically unfolded according to this idea.

There are two possible directions moving forward. The first is the more ideal scenario—price finds support near 94,000, does not break below, and then rebounds. In this case, the bulls may still have a final sprint opportunity to continue breaking upward.

But how it specifically develops still requires ongoing observation of market changes. Whether the support can truly hold, and how strong the rebound will be, are key issues to focus on next.