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All-time highs have already been broken, and the situation above has been completely opened.
This wave of rally is aggressive, and in the blink of an eye, it has broken through the previous high of 4550. This is a true reflection of the main upward wave of the bulls—once key resistance is broken, the market is like a wild horse running free, unstoppable.
The current situation is very clear: previous resistance levels have fully turned into support, and the market is entering a brand new phase. In this kind of market, rather than repeatedly guessing the top, it’s better to follow the trend. Bull markets rarely announce their end in advance; the trend itself is the best compass.
Opportunities still exist, but one point must be emphasized—position management must never be relaxed.