Based on the analysis of the candlestick trend, after the second rally entered an upward channel, it recently experienced an accelerated upward movement and successfully broke through the upper boundary of the channel. The initiation of the main upward wave is now highly probable.

The MA5, MA20, and MA60 form a standard bullish arrangement, and during the price retracement, it never effectively broke below the MA20 support level, indicating that the bullish trend is healthy and stable. In addition, the current rally has been accompanied by a continuous increase in trading volume, with price and volume rising together, providing strong support for trend continuation. On the MACD indicator, the fast line has already crossed above the slow line to form a golden cross, and the gap between them continues to widen. The red momentum bars are lengthening and steadily operating above the zero line, indicating that upward momentum is still increasing.

It is recommended to go long around 2890 and 2920, with the initial target at 3000, and a breakout to 3100.