2.9 Monday midday market:

The morning market retreated from around 70,800 back to around 70,000, then rebounded and moved sideways near 71,400.

The early morning price dropped from around 2,100 to about 2,052, then rebounded and oscillated around 2,100. Overall, the morning maintained a range-bound sideways adjustment.

Currently, the daily candle is gradually shrinking in volume and turning bullish, with MACD moving downward, and KDJ diverging upward. The four-hour candle shows decreasing volume and a bullish close, with Bollinger Bands gradually narrowing and tightening. Resistance is near 72,500. MACD is gradually moving upward and touching the zero line, KDJ is gradually moving downward. The hourly chart shows a shrinking volume in a bearish trend with a bullish close, with resistance near 71,600 and support near 70,000.

Monday midday:

Market is bearish around 71,500-72,000, with a target of around 70,000-69,500. Watch out for 72,500.

Market is consolidating around 2015-2035, with a target of 2050-2020. Watch out for 2055.

No matter how accurate your market judgment is, always keep risk control and defense in place. Profit can be secured within the range-bound fluctuations.