March 29 Morning Market Analysis

From the 15-minute chart perspective, the early rally surged to 67,294.4 before quickly reversing downward. From high to low, nearly 900 points were wiped out in one move, a typical pattern of a weak rally dominated by bears.

Currently, the price is consolidating around 66,300. The first support level is at 66,500, with strong support in the 66,000-66,200 range; resistance above is at 67,000-67,200. This area is near the intraday high and also an excellent defensive position for the bears.

There's no rush to go long; wait for stabilization signals. Until a clear reversal signal appears, all rebounds are opportunities to short.

The short-term trend has weakened. Don't be fooled by minor rebounds; following the trend to short is the best strategy right now. Securing profits steadily is the key.

Trading Suggestions
When the price rebounds to the 66,700-67,200 range, enter short positions directly, targeting 66,000-65,500✓