Today's market technical analysis.

Pay close attention to the Qian Kun line at 3117—if the price stabilizes above this level, look for long positions; if below, consider short positions. Remember to set proper stop-losses. In the short term, there is a clear sideways consolidation zone between 3155 and 3080.

On the upside, the pressure level at the Gate of Heaven is at 3155. If the price can hold here, a one-sided upward trend is expected. Be cautious of a possible pullback near 3164. Once the 3155 level is broken and stabilized, watch for resistance at 3164.6, 3187-3198, and around 3218. 3260 is a key level to watch for prevention.

On the downside, support at the Gate of Hell is at 3080. If the price breaks below this, it may weaken rapidly. Also, watch for a quick rebound after a dip to 3065. Support levels downward are sequentially at 3065, 3046-3028, 3009, and around 2990. Be especially alert for black swan events that could directly target 2949-2925-2907, with periodic pullback risks to be anticipated in advance.

Trading suggestions: Continue holding existing short positions at high levels and move the stop-loss to lock in profits. For new positions, short around 3163-3155. If adding to positions, do so near 3180, with a stop-loss set at 3195.