Yesterday morning, it first consolidated around the low of 116,300, then surged with higher trade volumes, breaking through the 120,000 level again. Currently, it is temporarily maintaining a high-level fluctuation on the daily chart, but it is closely adhering to the short-cycle moving averages in a larger timeframe, showing a favorable upward fluctuation trend. It leans towards having the space for a continuation of Fan rebounds in the short-term. Moreover, from the current perspective, there is a good chance of setting a new historical high; this rise is too fierce. It has been a one-sided upward trend without any pullback. In the face of such a rise, any pressure feels like nothing, breaking through without hesitation.