The recent market in this cycle is quite interesting—typical range-bound movement, with long upper and lower shadows on the weekly chart, closing with a bullish candle. Considering the overall market rhythm, there may still be continued oscillation in the short term, but the structure remains relatively strong, making it more suitable for buying on dips. If the price rises but cannot break through the key resistance, caution is advised in the short term.

From a weekly perspective, around 4301 is an important recent support level. As long as the pullback can stabilize, it will help maintain the strength of the consolidation. The resistance at 4381 is still in place; until it is effectively broken, be cautious of the price weakening again. If it really breaks this level, then keep an eye on the technical resistance zones at 4400 and 4440. Conversely, only a clear break below 4271 would truly open up a correction space, with around 4220 serving as a strong support.

By the way, next week coincides with a holiday, so trading volume may be quite thin. Therefore, before the monthly close, the market is likely to remain in small-range oscillation and consolidation, with no aggressive moves expected.

Looking at the daily chart, recent candles have formed consecutive doji patterns—bull and bear forces are in a tug-of-war, balanced at this point. If no black swan events occur over the weekend to amplify volatility, attention on Monday should be on how the price reacts after bouncing off resistance. Currently, short-term resistance is mainly around 4348, followed by the zone between 4353-4360. If the price faces clear resistance here, be aware of the risk of oscillation and repeated fluctuations.

Below 4328 is a critical threshold—if it stabilizes, the market remains in a relatively strong oscillation. If it breaks this line, the short-term trend may continue downward to around 4320-4312 for support.

Overall, at the beginning of the week, focus on the movements within the 4328-4348 range. Until a valid breakout occurs, expect the price to fluctuate within this range. Once the range is broken, follow the key levels mentioned earlier as reference points.