The recent market performance has been relatively stable, with a gentle upward trend, and trading volume has remained roughly the same as the past two days. This rally has lasted for six consecutive trading days, showing a pretty good momentum.

Recall the big bearish candle on December 16th—what did the market say? All kinds of pessimistic tones flooded in—"It's going to break 3700," "This is a major downtrend," and so on. But the truth is, at the end of every sustained decline, as long as a relatively long bearish candle appears, the bearish voices become especially loud. Ironically, this often happens to be the best buying opportunity. There has never been an exception.

Currently, the market has rebounded, and investor sentiment is becoming more optimistic. However, I need to give you a heads-up—the current trend is approaching the upper boundary of the large range (the position shown in the chart above). This is a strong resistance zone. Due to the combined effects of the "anchoring effect" and "self-fulfilling prophecy," breaking through this level effectively is not easy. It requires sufficient trading volume to support it; otherwise, if the volume doesn't follow up later, there's a real risk of a pullback to gather strength again.

In simple terms, after a six-day rebound, the market is close to the top of the range at the resistance level—that's a dividing line. Unless trading volume significantly increases in the coming days or a major weighted line leads a breakout, we should be prepared for consolidation or even a pullback.

From a psychological perspective, the more the rebound advances, the more bullish voices increase. At this very moment, we need to stay alert. Don't chase the rally blindly, or you'll risk getting caught on the sidelines.