This wave of IP market activity looks quite interesting. When the daily chart reached 4.18 earlier, it felt like there was decent momentum, but then it started to weaken. Now it's oscillating back and forth at high levels, clearly lacking the strength to continue upward. From the market perspective, this resembles a typical sign of a major player completing chip distribution at high levels, with bearish energy gradually being released.

If you want to participate in this decline, 3.95 is a relatively safe entry point. Set your stop-loss above 4.18 to prevent a sudden false breakout and rally. The first profit-taking zone is around 3.8, with further levels at 3.5 and 3.1 worth paying attention to. If these key points are broken downward, you can continue to hold, aiming for a larger decline.