From a technical perspective, the daily level has fallen below the EMA 15-day moving average, and the previous upward trend line has also been broken, indicating that the short-term market has shifted towards a bearish trend.

Today, it is crucial to watch whether the price can strongly close above the key level of 107500. If it cannot, the price may continue to decline.

The strong support level below is around 102000, a position that has not been broken in the past three attempts, after which new highs were established. If 102000 is effectively broken, it could mean the end of this bull market.

Currently, it is important to closely monitor the breakthrough situations of these two key points, 107500 and 102000, to determine the subsequent direction of the market.