The current biggest problem is that there are too many short positions, giving the main players the motivation to rebound and eliminate the shorts!

Previously, it was said that the market might rebound due to external factors like the Israel-Palestine conflict stabilizing, but the current rebound can only be seen as completing the topping process interrupted by the Israel-Palestine conflict. In the medium term, the subsequent market still follows the path of topping and consolidation.

A decline caused by negative factors, if it does not involve capital withdrawal, will certainly have a rebound after the negative factors.

On the contrary, an increase caused by positive factors, if it does not involve capital inflow, will certainly have a decline after the positive factors.

Such news that does not involve the fundamental aspect of capital inflows and outflows only interrupts the direction of the market but does not change the trend; at most, it accelerates or delays the market.

The weekend is approaching, and if external factors remain unchanged, the fluctuations may continue until next Monday when there is a change in the market; from the market data, there are currently too many short positions, and the main players have the motivation to rebound and eliminate the shorts, but the overall direction of topping and consolidation remains unchanged.