The entry point at 96K mentioned yesterday has been hit. Currently, with 2000 points, we can consider taking partial profits. The market is continuously moving lower from a high level, and we can observe a four-hour oscillating downtrend. It is expected that there will be another round of oscillating declines in the short term. We are currently looking to see if the buying zone at 96K can be successfully broken. Although there have been sharp drops, they have quickly recovered, indicating a strong buying sentiment.

Currently, after taking all profits at 99K, we can consider entering a short position (the next upper resistance selling is expected around 99200-100000). We can consider adding positions at the top, depending on individual trading strategies. The Fibonacci 0.5 resistance level and the four-hour MA line at 180 are at this point. After entering a short position, the target is 96000, observing the breakout situation, with a stop-loss at 101000.

The daily chart also clearly shows oscillation between 99K and 96K. Although there have been slight spikes, they have quickly recovered. Now, there is no need to overthink. Since we have profited 2000-3000 points in this range, whether selling at the top or buying at the bottom, we should continue trading back and forth and see if the oscillating downtrend continues to break below 96K for another round of profits!