What is the current outlook for the姨太? To start with the conclusion: the market appears to have entered a low-price zone, and bottom-fishing sentiment is gradually emerging, but the true bottom is most likely not yet formed. From a trading perspective, it is not recommended to actively intervene at this position.

This year, the姨太 has fallen from a high near 4900 down to 1736, a total decline of over 60%. Such a magnitude is not an ordinary correction but a trend-downward process. Any price level that seems to be “bottomed out” during this period carries significant uncertainty.

From a higher-level structural view, the monthly chart has broken below the mid-term moving average support, and the price continues to operate near the lower band of the Bollinger Bands. The MACD remains diverging downward, with no signs of a bottom or divergence, indicating that the bearish trend is still clear.

The key support level to watch below is around 1560. If this level is broken, the price may further seek support around the 1300 region.

Until the downtrend is confirmed to have ended, it is advisable to remain patient, avoid blindly guessing the bottom, and continue to adopt a trend-following or cautious bearish approach.