On Tuesday morning, the market showed a typical narrow-range consolidation pattern. The Bollinger Bands continued to contract, and the price remained below the resistance zone where the upper band and MA220, MA30 converge, repeatedly failing to break through this barrier.

The technical signals are quite interesting—MACD has generated a bullish crossover above the zero line with increasing volume, which sounds like a sign of bullish return, but the price remains stagnant. This divergence is worth caution. More concerning is that the RSI indicator has already formed a death cross downward, approaching the oversold area around 30, which essentially indicates that the bullish momentum is rapidly waning.

At this stage, going long is clearly not a wise choice. Instead of fixating on the upper resistance, it’s better to focus on whether the support levels below will be broken. The 93,300-93,800 zone can be used as a shorting opportunity; if it breaks smoothly, the first target is the 92,300-91,300 line. Once this is also broken, further decline to 90,300 is within expectations. The key is to closely monitor each support level for a breakdown, as that is the real signal indicating a trend reversal.