The market has entered the final wave of the large B wave rebound, and after the last dip to 84,400 yesterday, it strongly moved upward. Market enthusiasm and sentiment have somewhat recovered. Historically, the period around Christmas generally sees better market performance, and the elimination of all negative news also favors upward development. Based on the current market trapped cost zone, the upward space is not very large. The target height for this rebound is approximately 95,600~95,800, and breaking through 100K will be quite challenging. Short-term trading should be cautious when buying on dips or shorting.
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The market has entered the final wave of the large B wave rebound, and after the last dip to 84,400 yesterday, it strongly moved upward. Market enthusiasm and sentiment have somewhat recovered. Historically, the period around Christmas generally sees better market performance, and the elimination of all negative news also favors upward development. Based on the current market trapped cost zone, the upward space is not very large. The target height for this rebound is approximately 95,600~95,800, and breaking through 100K will be quite challenging. Short-term trading should be cautious when buying on dips or shorting.