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The overall market is in a fluctuating pattern; although prices are on the rise, there is significant resistance above and it has not been able to break through previous highs. The speed of the intraday upward movement has slowed down, with bears dominating the theme.

On the daily level, it still remains above the middle track, which continues to act as a dividing line between bulls and bears. Therefore, above this position, the trend is still considered relatively strong, although the space has contracted, leading to a rhythm of fluctuating cycles. Currently, the price has fallen to near the lower track and the downward movement has slowed; I still remain optimistic about a rebound from the bears in the future market. In the evening, the focus will still be on short positions at high levels.