2.4 The trend has turned bad; all rebounds are illusions. The trend is dead: the weekly 20/60 moving averages have crossed downward, and the 74,500 support has been broken. Structurally, a Lower Low has been created, and the bearish trend has shifted from expectation to reality. Time for space: the major correction is not a "lightning war"; in the next two or three months, it’s just a digestion period. The true bottom is still far away, and panic has not yet reached its peak. The second half of the year is the time to look for left-side opportunities. Defensive position pushed down: the resistance zone is firmly locked between 81,000 and 84,000. The high points are decreasing, and the lows are sinking. Don’t be fooled by the temporary red candles; the rebound is an opportunity to add to short positions.

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