Where is the bottom, and when will the market stop falling? A single analysis is enough to understand the future market.


After a slight increase, many want to buy at the bottom. Just one day without opening a position feels like a loss of 200 million, which reflects the true psychology of most retail investors. However, given today's market conditions, a straight upward movement is still too difficult. Firstly, the OBV time cycle on the 4-hour chart is insufficient, and the moving averages have yet to level out. Additionally, in terms of daily volume, the period for building a base here is also inadequate, and a lack of incremental progress could lead to another downturn.

So buying heavily at the current position of 8.6 is no different from digging your own grave. We need to explore the bottom, at the very least, we should take another look at the bottom. This range can be referenced at 82200-81400. If there is a rebound in this range, we can discuss the possibility of the market stopping its decline.

If this range is directly broken, it is highly likely that the market will create a new low. A better position for the new low would be around 79600, and a worse position would be around 77700. So when trying to catch the bottom here, you should at least attempt around the 8.2-8.1 position first, as this will keep your stop loss smaller. If you're not confident, you can place the position at 7.8, which will further reduce the probability of getting trapped. So, don't worry, don't be impulsive, and be patient!
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