Market Analysis:

  • Current Movement: The market has found temporary support around 3200, suggesting a few days of consolidation at this level.
  • Next Steps: After this consolidation, a clear downward wave is likely, potentially leading to a phase-bottom formation. This bottom could emerge before or after the Lunar New Year, and clearer signals should appear around January 20.

Strategic Outlook:

  • Positioning for the Long Term: As the bottom approaches, opportunities for long positions may arise to capture a phase-based rebound.
  • Maintain Current Strategy: Stick to the sell-on-rise approach, holding onto existing short positions during this phase of consolidation. Adjust cautiously and monitor market dynamics closely.

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