#Recent Market Analysis

Currently, the main structure has bounced from 76600, the first target at 85000-85500 ( has already been reached ), the second target at 88000-89000 ( trend line ), and the third target at 100000-102000 ( high density zone ). The short-term bounce supports the approach to the second target. If it can confidently hold above 85800 at the beginning of the week, there will initially be a bounce to the trend line. If 85800 forms a fake move today, it will lead to a high retracement for a retest of support at 82000-83000 at the beginning of this week. If it breaks through, we look at 79000-80000, clearing those who chase rising prices before the bounce to the trend line. Personally, I believe that if an initial bounce to the trend line occurs at the beginning of the week, it is likely that it will not break and will retrace once. If it retraces first and then bounces, there is a chance to break the trend line for testing higher positions. Currently, the weekly major trend is approaching the end of the fourth wave consolidation, with effective room for decline and greater room for growth. The fourth wave consolidation will end in a maximum of 2-3 weeks, and the market will fluctuate upward.