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The morning market overall continues the decline, and after the market fell from the high of 79,400 to around 77,500 in the early hours, it rebounded to around 78,500 in the morning, before continuing the bearish move to around 77,400. On the daily chart, the candles show reduced volume with a bearish column; on the four-hour chart, the candles show reduced volume with three consecutive bearish columns. On the hourly chart, the price forms a downward cross and runs around the lower band after touching it. In the short term, a wedge-shaped decline is seen.
Thursday midday:
For the market around 78,000-78,500, look at 77,000-76,500.
For the market around 23,55-23,75, look at 23,10-22,80.
Market volatility is high. Pay attention to risk control and protection; within the range, lock in profits in time to play it safe.
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