🚨 Current Market Dynamics Analysis:
The bear liquidity has just been cleared, and currently, the main remaining liquidity for the short term is the long positions between 103k and 102k.
The recent rapid pullback has damaged the small-scale bullish trend structure. Although a long wick appeared, it has actually broken below the key support, and the structure has shifted to a range. If there is a rebound during the day followed by a drop below the morning's long wick, it will confirm that the small-scale trend has turned bearish.
Currently, there is no rush to look for bullish liquidity clearing scenarios; the trend needs to be confirmed first. Wait for my updates. ASR channel analysis indicates a potential formation of a triangular convergence structure, with the lower bullish liquidity possibly serving as a false breakdown target for a small triangle, while the upper 110k significant bullish liquidity could become the final clearing target for a large triangle.
The overall structure is now chaotic, with increased macro data and geopolitical uncertainty, making it unsuitable for trend trading. If you do not prefer short-term operations, it is advisable to take a break and observe.