Thursday: 8000 points drop, how should you respond?
When the direction is wrong, all efforts become futile. Waking up, the market has collapsed, an 8000-point drop, truly unsure how to respond. This is the washing effect under the trend; without proper defense, no one can escape.
The midnight market directly repaired and then jumped again after bearing pressure, breaking below the 100,000 mark. Currently, it shows an oversold rebound, but the bears already show signs of continued weakness, with the trend clearly weakening.
From a technical structure perspective, at the four-hour level, the price is under pressure at the middle track, with bear volume being released. The bulls are unable to recover, and the moving averages are being frustrated and deviating, showing a strong downward trend with a significant extension. In the short term, the decline is rapid, but there hasn't been a significant rebound. The bears still maintain their weak continuation, and the rhythm has already changed; we can adjust accordingly.
Today's strategy focuses on participating in high short positions:
In terms of operations, I personally suggest shorting in the 101,000-101,500 area, watching 100,200-99,300.