Juejin Old Cat: Precise Midnight Prediction, Continuing the Shorting Strategy at Market Open

The core of trading lies in grasping the trend and sticking to key levels. Every accurate prediction reflects a deep understanding of market laws.

Looking back at the midnight market, our pre-positioned key support at 4750 was touched at a low of 4760, just 10 points away from the target. Subsequently, the market rebounded slightly as expected. Currently, the market is in a consolidation phase after hours, and the overall trend fully aligns with our previous bearish forecast.

For the upcoming 7:00 AM opening, it is expected that the market will open high and then decline. The slight rally after opening is likely an opportunity for the bears to regain strength. The overall trend remains weak, and bulls are unlikely to sustain a rebound momentum.

From a technical perspective, short-term prices are still constrained by moving averages, with the downward channel remaining intact. Indicators like MACD show no clear signs of stabilization or reversal, indicating that bearish momentum still has room to be released.

Strategy-wise, continue to adhere to the bearish outlook. If the market rebounds to the 4800-4820 range after opening, consider short positions. The initial target below is the 4750-4730 range, with a strict stop-loss set above 4840. Do not chase longs or bottom-fish; only trade in the direction of the trend.

Disclaimer: The above analysis is for personal trading ideas only and does not constitute any investment advice. Market conditions change rapidly; operate at your own risk. Maintain rationality and caution in investments.