Today is February 4th.

Previous live broadcast reminder:
On October 25th, the 11,000 level was the support level of the 3-day moving average, and a breakdown occurred.
Once the 3-day moving average breaks down, the next target is around 99,000 on the weekly chart.
Breaking the 99,000 on the weekly chart:
The 15-day moving average is around 81,000 in November,
Once the 15-day moving average breaks,
It indicates a monthly level around 65,555.
The area around 60,000 and 55,555, which has been oscillating at the monthly level for about 8 months, is the lower boundary of the central zone. This could potentially form the major bottom area in 2026. Time to roll up your sleeves and work hard.

Today is February 4th.
The third wave of weekly decline has not ended.
If the subsequent consolidation continues to decline,
There is still about a 15% downward space and strength,
The major bottom areas around 65,555, 60,000, and 55,555.
But it won't keep falling;
There will be minor oscillations and a rebound demand.
Recently, the decline has been quite large.
Minor levels will have rebound needs;
Short-term 1-hour level around 77,500,
2-hour level around 79,000,
4-hour level around 81,500,
6-hour level around 83,500.
All are important resistance levels for minor rebounds.
Note: The weekly chart's 15-day moving average MACD has formed a pattern. Around 80,000, a major trend reversal or a big surge is unlikely to occur, and a large trend reversal is not expected.