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Analysis for the morning of June 2
Based on the current trend, after a deep correction phase earlier, the market has not shown strong recovery, remaining within a low accumulation range with a clear rebound still insufficient. Buying support remains weak, and technical setup indicates a clear downtrend, with prices continuously constrained by key moving averages. The recent rapid decline and weaker recovery suggest a lack of effective buying pressure, with bears still holding the advantage.
Trading suggestion
Short sell near 79100-79600 when the price recovers, with a target to drop to 77800-77000. If broken, continue to monitor for a decline to 76,000.