Reviewing this round of market movement, the early high-level short positions were laid out, and the downside target for this decline has been successfully achieved, with the low point once dipping to around 59000.

After experiencing a sharp decline, the market has now entered a phase of technical repair, with prices oscillating back and forth around the 60000 mark. The short-term rebound is a corrective pullback after the decline, and the larger downtrend has not reversed. Considering the overall market environment, the room for upward movement in the short term is relatively limited.

Therefore, our strategy remains bearish, starting to lay shorts from 61,000 to 61,500, with targets at 59,700-59,000.