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Hope all friends looking to short are doing well. I've repeatedly emphasized in recent days that shorting near the key resistance level that was effectively broken through last week is essentially counter-trend trading. The current market is in a typical trend correction phase. If short positions lack strict profit-taking discipline, they are easily repeatedly worn down by the continuously rising support structure, ultimately resulting in either forced stop-losses or deep losses.
Since last week, it's been clear that short positions are only suitable for short-term trading, taking profits quickly, and absolutely lack holding logic, nor are they allowed to hold against losses. This is the most basic risk control principle under the current structure.
From the chart, yesterday has already completed the first verification of the core support zone below.
Today's Strategy: Long near 74500
Stop Loss: 74200 - 73850
Target: 76500
Second Target Zone: 77300 - 78300
Operationally, you can arrange positions around the support zone. If pullbacks don't break the support, consider adding positions in batches or testing long positions with light positions.
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