Daily Market Analysis (5.24) Summary: Currently, we are experiencing a pullback on the 4-hour chart, with key observation points set at 106100 and 111300. As long as the price stays above 106100 and breaks above 111300, there is still a chance to see a new high of 114000. Both conditions are essential; if we directly drop below 106100 next week, the 4-hour pullback could very likely evolve into a daily-level pullback. Once 106100 is breached, it will confirm that 111300 is the short-term peak. Recently, there have been daily warnings about the imminent end of the upward trend, but as long as 106100 is not broken, we should remain actively optimistic about further upward movement. If 106100 holds, there are two possible scenarios: either we oscillate around the range of 106100 and 112000, or we continue to push upwards to the expected new high of 114000. Intraday resistance is at 109700, and support is at 106100.
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