Some people are now saying that the predictions made some time ago are impossible, but looking back, they were quite accurate. Currently, long positions have already started to take partial profits; I recommend implementing hedging strategies first, as the price levels will never be perfectly aligned with your desired positions.

This wave of market rally has no obvious pullbacks. If it continues upward, the key resistance level is around 95700. Once a successful pullback holds this level, there’s a chance to fill the upper gap, with a target of 100,000.

But conversely, what if the pullback fails to hold this resistance level? Then there are only two options—consolidation or decline. It has already tested the bottom three times; if it breaks through this time, the decline could be quite severe. Ironically, such panic selling might actually trigger a true bull market.

When trading contracts, you must understand one principle: leverage is a double-edged sword. It amplifies gains but also increases risks. The market itself cannot be predicted with absolute precision; all we can do is list out all possible scenarios. When the market truly changes direction, this approach allows us to stay calm rather than be driven by emotions, avoiding the fate of holding onto losing positions or getting liquidated. Always remember to set take profit and stop loss, and always hedge.

Next, I will release some educational content on the SMC Smart Money Strategy, hoping everyone can seize opportunities and protect their principal in the upcoming market. The market is always to be respected.