2025-12-23 08:29:49

Yesterday the market followed the old routine again—rising and then falling back. The Shanghai Composite Index broke through the key point of 3936 in the morning, but then took the opposite position and fell back down, finally closing with a small Bullish line doji. The movement aligns with technical expectations, but the implications behind this are worth pondering.

Someone asked if this is a peak signal? Honestly, it's hard to say. The position at 3936 is very tight, typical of a turning point — it could go up or down, and if we have to make a judgment now, that would be gambling, not analysis.

What should be done next? My suggestion is just two words: wait and see. But this wait and see doesn't mean sitting idle; it means keeping a close eye on three key time points —

**Bullish scenario**: If the index once again challenges 3936 and successfully closes above it within the next three trading days, an effective breakout can be considered for going long, continuing to be bullish.

**Downward Situation**: Conversely, if the index falls below the 60-day moving average and closes under it within these three days, that is a confirmation of weakness, and the index is very likely to return to the support level of 3815, thereafter entering a wide range oscillation in a large box.

From the perspective of the weekly and monthly charts, the index is currently still in a horizontal correction phase, which will be a lengthy process. Based on a comprehensive assessment, the likelihood of continuing to oscillate widely with a downward direction is actually greater.

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ForkTrooper

· 2025-12-26 08:11

3936 is like a dead barrier; if you can't break through, you'll just have to wait. Saying "wait and see" is easy, but actually doing it is still uncomfortable. It's another wide-range fluctuation; it feels like this year will never end. This time, the 60-day moving average must hold, or else it will drop again.

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MetaverseVagrant

· 2025-12-26 03:08

It's the same old trick again—rise high and then crash. After the crash, you have to wait three days to see what to do next. This situation really tests people. Should I gamble or analyze? I choose to gamble twice. If the 60-day moving average breaks, there's a high chance it will fall further. That's how history has played out.

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AirDropMissed

· 2025-12-24 23:24

Here we go again, 3936 looks like a paper-thin wall... Wait, is the probability of a drop even higher? Then I'll just keep lying flat. What's there to watch? Might as well check if there are any new coin airdrops.

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GasGuzzler

· 2025-12-23 09:02

It's this trap again, when it gets dumped at 3936 I know there's no hope, just waiting and watching, to put it bluntly, I don't know what to do.

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PoolJumper

· 2025-12-23 09:02

Here we go again, 3936 is really frustrating --- Just watching, anyway, I can't tell --- Saying you won't gamble is actually gambling, no one can predict --- Let's wait and see, anyway, if it falls, it will take three to five days --- If the 60-day moving average breaks, I'll Cut Loss --- Horizontal repair? That term makes me want to sleep --- If the probability of going down is high, just say it, why all the buildup --- Staring for three days? I can't keep my eyes on it, buddy

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GweiWatcher

· 2025-12-23 09:01

3936 this level is really stuck, to put it bluntly, it’s just the casino washing out the positions. It’s another wait-and-see rhythm, we’ll have to wait three more days to see the direction clearly, patience, brother. If the 60-day moving average breaks down, it’s doomed, a return to 3815 is guaranteed. Actually, I’ve felt that the downward probability is greater for a long time, this wave of correction has been too long. The routine of rising and falling has tricked me every time, when will we see a straightforward big pump? During the horizontal recovery phase, don’t make any rash moves, just honestly watch. If the support level at 3815 can't hold, we will really enter the big trading range, this back and forth is exhausting.

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FancyResearchLab

· 2025-12-23 08:43

This level of 3936 should theoretically be able to break through both up and down, but in reality, it just locks itself in again. Another useless wait-and-see period, waiting for the signals of three trading days. This contract is somewhat interesting. Luban No. 7 is under construction again, making it look like a smart pit; the wide fluctuations suggest there might be a bug in the code.

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AirdropNinja

· 2025-12-23 08:35

3936 this level is stuck tight, it's really uncomfortable to watch, whether to gamble or not is a question We'll know in three days, but I have a strong feeling it will likely fall again, anyway, I'm already in a Short Position lying flat Another Doji, another watershed, after all this, it's still about luck, what a joke If the 60-day moving average breaks, we’ll head straight for 3815, this wave is indeed a bit precarious Wide fluctuations are really torturous, back and forth all in the rhythm of Cut Loss Let’s wait and see, anyway, my fingers have already put down, what’s there to move This Technical Analysis is just for listening, if I really relied on this to judge rise and fall, I would have gone bankrupt long ago It feels like the probability of falling is greater, let’s see how the next three trading days go.

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