Yesterday, I gave everyone a clear high-altitude perspective: after the big cake goes on smoothly, it will exit the 1500-point pullback profit space, and all directions have been fully realized.

From the overall market layout and pacing, it’s easy to see that the strength behind this round of the rally to spike high has gradually been running out. After the price action refreshes the short-term highs every time, the continuation of the uptrend is always very weak, and the long side’s volume simply can’t keep up with the pace of the attack.

This fully shows that the sell-off pressure above is steadily increasing. The main force isn’t willing to continuously raise the price levels to push the market higher. In essence, this is a typical bull trap and shakeout pattern—providing the high-level range itself is an excellent opportunity for bears to set up.

By aligning with the structure of the bigger cycle, only by keeping control of the high levels can we reliably capture pullback profits. In the following market, remember the rhythm: rebounds and pullbacks are opportunities to continue taking short positions. Keep the same mindset and follow through accordingly.

Trading suggestion: short around 72600-73400, looking toward 71000-70400. If it breaks below 68600 or 66000, set your defense according to your own position size.
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