Evening of December 3

Core Conclusion: The violent rebound starting from the 83,000 low has firmly held above 93,000 (up over 2% intraday, hitting a nearly two-week high). The current consolidation is a "breakout followed by a pullback to confirm," with sufficient bullish momentum. There is still a window to go long in the evening, but it's crucial to strictly control the pace and take profits when appropriate.
This rebound is a "strong snapback after a sharp drop," with a large bullish candle directly breaking through the previous consolidation range. On the 4-hour chart, the price remains steadily above the BOLL middle band, showing a strong technical pattern. Volume was abundant during the rally, and there was no decrease during the pullback, indicating strong bullish support and that this is not a weak rebound. The upper resistance zone is close at 93,400-94,000 (20-day moving average + previous heavy trading zone), while 92,000-92,500 is the pullback support after the breakout, and 9,000-9,100 yuan is a strong support platform.

Evening Trading Recommendations

Long: Enter in batches within the 92,000-92,500 range
Target 93,500-94,000 USD (reduce position by 50% when reached). If there is a breakout above 94,000 with increased volume, you can add a small position and aim for the 95,000 key resistance level.