Liu Sheng: The previous forecast of 5015 not only successfully reached the target but also surged to 5069 during the day, and the current drop to around 5050 is a rebalancing after profit taking at a high position.

From the current position, there is short-term resistance forming at 5065-5070, the moving averages are starting to flatten, and momentum has clearly weakened compared to the early session. 5050 has become a battleground for short-term bulls and bears. If it remains stable, it still leans towards oscillation and strength; if it falls below, it will test support at 5035-5025.

If it stabilizes above 5050 tonight, one can lightly position for a move towards 5065-5075, taking profits in batches on the way up; if it breaks below 5045, first look for support at 5035-5025, and consider re-entering if it does not break lower.

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