Today's Focus:

1: Pay attention to the low point around 90800 from early yesterday morning. If there is a rebound today and it can hold above the previous low, it will form a double bottom, then the bulls can continue to play their tune and dance! If the previous low cannot be defended, then the bulls will be in a bit of danger.

2: Regarding the decline of U, the CMB exchange rate for USD is in a downward trend. Additionally, during the transition between bull and bear markets, both institutions and individuals in the market are profiting and selling U, which has been getting stronger. This means that supply and demand have changed; in other words, if you find U more expensive, it indicates a better market environment—a bull market. Everyone will hoard U, and once the market ends, everyone will naturally sell off. When selling exceeds buying, it will naturally decline!

3: The interest rate hike on December 19th is crucial. The survival of the entire risk market hinges on that day!

During the day, do not consider long positions in a fluctuating downward trend; let's see what happens tonight.