The weekend market seems to be stabilizing around the 1100 level, but this is not a true calm. From a technical perspective, it resembles a "high-level stagnation," where prices continue to oscillate below strong resistance. Essentially, this indicates that market makers are digesting buying pressure through sideways movement to accumulate momentum for subsequent directional movements. The current tranquility is precisely a phase where risks are hidden.

Specifically, technical signals have issued warnings: the EMA moving averages on the 1-hour and 4-hour charts have formed a death cross, the midline of the Bollinger Bands continues to decline, and the key resistance zone at 1112 has been unable to effectively break through. Meanwhile, as prices rebound, trading volume gradually shrinks, the market fear index remains at a low level, and funds have not significantly flowed back. All of these together confirm the exhaustion of buying momentum, and the possibility of an upward movement is sharply decreasing.

Overall, as long as the price cannot effectively stabilize above 1105, the current sideways consolidation can be seen as "accumulation of strength". It is expected that at the beginning of next week, the market will likely end the fluctuation and choose to decline, with the initial target pointing to the 1080-1070 range. If market sentiment deteriorates further, the price may even drop further to around 1050.
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