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Strategy: Abandon all bottom-fishing attempts and wait for the price to rebound to around 2025 to 2065 before shorting. Set stop-loss at 2080 or 2100. The first take-profit target is around 1900 to 1950, with the ultimate target near 1740 to 1800. Maintain a strict light position and set stop-losses.
Analysis: The current market is clearly in a bearish primary downtrend; any rebound is a continuation of the decline rather than a reversal. The oscillation around 2000 is a typical trap to lure buyers, with the main force aiming to create a false impression of a bottom, attracting retail investors to buy the dip and preparing for a subsequent major sell-off. The cycle of long and short traps has entered the second half; earlier high positions have been trapped, and the current sideways movement is deceiving new longs into entering. The key time window is within the next one to two days. The rebound-induced trap may end soon, followed by an accelerated decline below 1900.
Therefore, contrarian bottom-fishing is the highest risk and must be completely avoided. The only high-probability strategy is to follow the trend with a high short position, patiently waiting for the price to rebound to the core resistance zone around 2025 to 2065 before gradually shorting, and waiting for the market to move toward targets around 1900 to 1950 or even 1740 to 1800.
Trade with a light position and set stop-losses for each trade; never hold a position without a stop-loss.