Today’s Core Strategy

The bearish trend remains unchanged; use rebounds as a core window for shorting! The Federal Reserve’s divergence on interest rate cuts and slower pace than expected, combined with year-end institutional ETF fund outflows and tightening market liquidity, lead to daily chart dominance by bears; the 4-hour RSI is oversold, triggering a weak rebound, but lack of capital support makes it difficult to change the downward trend. Strictly control stop-losses at 300-500 points, take small positions in batches, and avoid fighting the trend.
Shorting window: 86,800-87,500 range, open small short positions in batches, move stop-loss up to 88,000 (within 500 points), first target 85,000, and after breaking support, follow the trend down to 84,000-82,000; strong resistance at 89,000-90,000, upon reaching which add to short positions, with a stop-loss at 90,500.