June 1st midday analysis

The technical structure shows that after the recent high point was refreshed, the market entered a high-level consolidation phase. Currently, the price is moving within a clearly identifiable oscillation range, and has yet to achieve an effective breakout. From a short-term momentum perspective, whenever the price approaches the upper boundary of the range, buying momentum clearly weakens, and selling pressure emerges. Under this pattern, trading should strictly adhere to the principle of "not being aggressive before a breakout," and maintain a wait-and-see stance.

Operational suggestion: primarily short positions during the day
Short near the rebound at 94,300-94,800, with targets down to 93,000-92,400.
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