Overnight continued to maintain wide-range fluctuations, with the daily chart closing lower, marking the fourth consecutive trading day of decline this week. An evening doji appeared overnight, which coincides with Friday's time point. The appearance of a doji generally indicates a choice of direction. Therefore, today's trend will likely continue testing yesterday's high. If it does not break through, the weak and wide-range oscillation will persist. Based on this benchmark, the Asian and European sessions should see a rally to perform technical correction. Additionally, the continued decline has once again reached near the previous low. Low levels should not be sold off aggressively unless the previous low is broken, which would break market confidence and trigger further panic selling. Until then, maintain a low-buying mindset. Watch whether the doji's high point can be broken.

Trading Strategy

Buy near 2820 in the Asian and European sessions, stop loss at 2780, target 2870, and look for a break to 2930/3000.

Sell near 3050, stop loss at 3088, target 2980.

As long as the price does not fall below 2622 for a retest of the low, it is actually a buying opportunity. Manage risk properly.