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The current market has reached a new high, but the structural target has not been fully achieved. In this situation, it is best for investors to remain patient and manage their trading impulses.
Currently, the market situation can be analyzed by referring to Chart 2. In terms of the position within the structure, moderate long and short operations can be considered. The intraday short-term support level is at 12.25. If the price remains above this level, we can continue to be bullish, anticipating the emergence of new highs.
However, it is worth noting that now is not a good time to chase the rise. The current market is in the middle position of the channel, with both bulls and bears engaged in fierce competition, each believing that the other's judgment is wrong. In this situation, calmly observing market trends may be a wiser choice.
Overall, the market is always changing, and investors need to stay alert and adjust their strategies at any time. Do not be misled by short-term fluctuations, but instead focus on long-term trends and fundamental analysis. At the same time, appropriate trading strategies should be formulated based on one's own risk tolerance and investment goals.