Market Meltdown: Struggling to Find Stability

Big cake hotline expeditedAfter hitting a new high of 69,300 yesterday, the market fell sharply by more than 10,000 points. The range of fluctuations is indeed quite alarming, with all the copycat products collapsing. In yesterday’s live broadcast room, we had drawn a line for our brothers and predicted that the Yali level would be around 69,300!After the current large-scale correction, the key Yali position is between 64,700 and 65,300. The market had previously broken through this position before taking off all the way to new highs.A strong support below is at the low of 59000-59500 this morning!Short-term trend: After a large collapse, the market needs to be repaired. The short-term trend will most likely return to around 59,500 for a second time and rebound out of the w-bottom!

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