Recently, the market has been highly volatile, and I believe everyone has seen it. The price first continued to dip, reaching a low of around 108000, with an overall fluctuation of nearly 10,000 points. In this market condition, if the directional judgment is incorrect and risk control is not well implemented, not only ordinary investors but even experienced traders face a very high risk of liquidation.

From a technical perspective, on the daily chart, after the previous large bearish candle dipped to the lower Bollinger Band, the weekend entered a sideways consolidation and recovery phase. Subsequently, the intraday market showed a strong bullish candle, demonstrating the recovery of the previous fluctuations, with momentum being relatively strong.

However, the current navigation situation still requires key attention on two critical points:

1. Short-term resistance: The 114000 level is the primary resistance point for the day; whether it can hold this position is the foundation for the continuation of the upward trend.

2. Key Breakthrough: The suppression effect of the middle band of the Bollinger Bands is particularly crucial. If it can successfully break through, there is a possibility for further price increase.