Some thoughts on the upcoming market trends:

Next year, the bull market pattern will continue, with a target of 200,000. However, the current long-term cycle has not yet fully retraced. According to the four-wave pattern, at least a retracement to around 0.5 is needed to be considered complete.

Friends holding short positions, pay attention—if the price rises to the 90500 level, it indicates that you may need to adjust your strategy. From 90500 downward, an expected decline of about 2000 points is likely, which is a good opportunity to exit. As long as 90599 is not broken, don’t rush to go long before 82800.

The 82800 level is very critical and is likely to be broken. The expected pullback range is between 80500 and 82500, where a relatively strong rebound will occur. The specific movement will depend on market momentum, and that will be the real opportunity for low-entry.

Although I know there will be a rebound at 86300, I chose not to go long there mainly because, within the long-term bearish structure—rebound fluctuations below 5000 points are not involved; I am waiting for a clearer opportunity.