A-shares are currently stuck in a delicate position.



On the daily chart, the index is right at the ascending trendline—roughly in the 3880 to 3990 range. This area serves as both trend support and coincides with the 5-day and 10-day moving averages. If it holds, a rebound is likely.

Looking upward, 3930 is a tough resistance level, the neckline. Don't rush to chase highs near this area.

To put it simply, the short-term setup is as follows: treat the fluctuations within this range as consolidation. If it drops? Stay calm and don’t panic. If it rises? Be restrained—don’t act impulsively. Emotional trading is the biggest taboo in a consolidation market.
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PriceOracleFairyvip
· 8h ago
ngl this 3880-3990 range is basically a statistical anomaly waiting to resolve... either we break out clean or liquidity gets drained sideways. the cross-chain correlation data i'm seeing suggests market entropy's still high tho
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OvertimeSquidvip
· 12-09 20:23
Hold the line at 3880-3990, otherwise we'll have to cut our losses again. This is exhausting.
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OfflineValidatorvip
· 12-09 20:20
3880-3990 is just a zone for repeated back-and-forth; it’s really uncertain whether it can hold. Don’t bother with fancy tricks, just watch if it can stay above the 5-day moving average. If not, it’ll drop further. 3930 is indeed a tough barrier. Chasing highs is pointless—I’ll wait for a proper dip before making a move.
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BlockBargainHuntervip
· 12-09 20:14
It's the same old trick again, the 3880-3990 range is just a way to cut retail investors. But to be fair, the 3930 level is really tough to break through. I think it's safer to wait for a signal before making a move.
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ImpermanentLossEnjoyervip
· 12-09 20:07
This range of 3880-3990 is being tested repeatedly. To put it bluntly, it’s just waiting for the main players to make a decision. Instead of trying to guess the top or bottom, it’s better to just hold your position and not move.
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