Tengfeng: 12.21 Market Analysis: Currently, the small timeframe is at the crossroads between bulls and bears, depending on whether it can hold above 2980 or face resistance at 2985. The major support level is at 2920. Once it breaks below 2920 and cannot recover above it, the bearish forces will start to enter. Therefore, for long positions caught in a trap, you can set your stop-loss at 2900. If it breaks below this level, panic may be triggered in the market. Conversely, for bulls, an important entry point is at 3060. Once it stabilizes above 3060, major bullish forces are expected to enter. This is a key reference for the larger timeframe! Currently, everyone should focus on these levels.