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An overnight surge with strong momentum, reaching as high as the 2396 level before temporarily stopping, the bulls suddenly gained strength, catching the bears off guard and disrupting their rhythm. In a trending market, contrarian trading is inherently very risky; a misjudgment can easily lead to market correction.
Currently, the price is in a high-level consolidation phase, with the short-term structure having already reversed and shifted to a relatively strong trend. However, after continuous upward movement and space being released, blindly chasing long positions now has a significantly lower risk-to-reward ratio.
Moving forward, the strategy should prioritize opportunities for pullback corrections, waiting for signs of resistance at higher levels. In terms of operations, consider gradually opening short positions within the 2375-2395 range, with support levels at 2310, 2250, and around 2200 for potential pullbacks.