【Tong Ge's Public Thinking】

Last night's rally was a short squeeze rebound caused by crowded shorts, rising to 75.3k with insufficient volume, then naturally pulling back. The structure hasn't changed; it's still a retracement after a false breakout to digest the move.
Shorting (Tong Ge's preference):

Entry: 75,000-75,400 with a small position short
Stop loss: Stand firm above 75,800, exit
First target: 74,200
Second target: 73,500

Waiting for signals to go long:
Retracement to 73,500-74,000 with increased volume indicating a bottom, try a small long position
or wait for volume to stabilize above 75,500 and chase longs on the right side (after short squeeze confirmation)
Stop loss: Drop below 73,200, exit