Put options totaling 1.4 billion are concentrated below 85,000, while call options worth only $100,000 are distributed between 100,000 and 120,000. After this wave of rally reaches the high point of 4 o'clock, a large amount of hedging will disappear, short-term selling pressure will decrease, and the price is likely to strengthen. Keep an eye on the 100,000 strong resistance level. The market is changing rapidly, so cautious operation is advised. This rally is only a risk control measure for the current downtrend. When the price reaches 94,000-96,000, most of the put options will be cleared.