This situation looks a bit frightening. In the short term, the continuous short squeeze persists, but a new high has not yet been broken. From the perspective of rebound and correction space, the 10,000U target has already been achieved. Breaking the daily chart-level 90 moving average characteristic places us at a critical point between medium- and long-term bull and bear markets. At this position, the squeeze continues, replaced by sideways movement, with normal small-range oscillations at high levels. Playing extreme reversals and sudden drops, such as directly breaking the recent historical low of 60,000, is also normal. Observation is the best strategy.