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Intra-day, we need to closely monitor the four-hour chart to see if it can confirm holding above the 2970 position. If the closing line stabilizes above this level, it will establish a short-term strong pattern, thereby pushing the price up to test target levels such as 3050 and 3100. If it fails to hold above, the primary short-term support looks towards the core range of 2930-2880, and a break below will further open up downward space.
Currently, the four-hour level needs to pay attention to whether the K-line can effectively hold above the 90000 mark. If it can confirm holding above, the market is expected to impact the 92000-93000 resistance area upwards; conversely, if it effectively falls below, we need to be wary of the market restarting its downward attack, with key support located in the 89000-88000 range.
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