The decline from 27500 to 26000 is an adjustment wave targeting the green line section (adjustments usually consist of three segments). The white line section is the first segment of the adjustment, and the yellow line is the second segment of the adjustment. Currently, there are two scenarios:

1. The red line is the first part of the third segment adjustment, and it is currently undergoing the second part. After completing this, there will be a third part of the decline, with the low price range approximately between 25400-25600.

2. The red line represents the entire third segment adjustment (probability is relatively low). The price needs to be maintained above 26164, otherwise it will be invalidated.

After both adjustment scenarios are completed, there will be a third segment upward trend on the daily chart. The condition for the third segment upward trend on the daily chart is that the price needs to be maintained above 25415 (can be pierced).

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